Description of the business for sale
Italian Restaurant with Pizzia business located in a prime Upscale community of Bergen County, New Jersey. Free standing building with parking on a busy county road with lots of drive by traffic. This is a lovely attractive restaurant that produces approximatelhy 10% pizza delivery and 10% catering. The facility is very attractive with lots of parking, modern kitchen and well maintained equipment. The business presently has a gross income of approximately $680,000.00 and nets $150,000.00 to owner. Seller is relocating out of the area and will finance and train a new oporator. Very consistant business and a safe purchase for any new oporator. Please call for additonal details.
GROWTH: With continued good service and by adding a marketing program for improved delivery the business can be further improved and developed.
COMPETITION: No simular Italian restaurant Pizzeria business is in this immidiate area.
ADDITIONAL FINANCIAL INFORMATION:
• Financing: Seller will finance the business to a qualified purchaser.
• Inventory: $5,000.
• FF&E: $145,000.
REASONS FOR SELLING: Relocating out of the area.
Support / Training provided by seller
Seller will provide full due diligence and transitional period.
Description of the facilities
Business facility is 1,200 square feet with an indoor capacity for 55 customers and additional outdoor seating. Five years remaining on current lease with additional options for continuation. Private parking is part of the lease terms.