Pizzeria & Liquor License In Sussex County For Sale

Business description

Pizzeria Restaurant with liquor license located on an active
State Route of Sussex County, New Jersey. This is an
outstanding 5,500 square foot restaurant with multiple venues
is presently operated as a successful, high volume Pizzeria
with no delivery service and hours from 11:00 am to 10:00
pm. It is also a sit down restaurant that can accommodate
200 customers and occasionally serves as a lounge with live
music and entertainment. The present owner is retiring after
many successful years in the industry and will train a new
operator. The sale includes the use of a liquor license, which
presently represents a small percentage of his income but
can be substantially developed with increased hours and to
attract night life customers. Private parking for eighty vehicles
is available and included in the lease. The business is
operational 7 days weekly, hours 11:00 am to 10:00 pm.
The business has a municipal food handler s license & liquor
license. An existing lease expiring on 2012 and with three
additional five year options is available for transfer. Lease
also includes the use of a consumption liquor license and
total monthly rent is approx $5,500. This business equipment
consists of a large commercial kitchen, separate prep area,
multiple walk in refrigeration and freezer units,, walk up
counter, POS system and fully equipped with all the required
materials to conduct business. Seller financing is available
for a qualified purchaser. This is a solid opportunity with
substantial growth potential.

Property information

Real Estate:

Lease

Premises details:

The facility consists of 5,500 square feet with a seating capacity for 200 customers. The site has multiple level which serves as either a pizzeria or site down table service. The business also has a separate party room for fifty customers. The business is attractively set up as a casual Italian restaurant and occasionally acts as a lounge with live entertainment.

Business Operation

Expansion potential:

By adding a delivery service, opening to 2:00 am for lounge business and a basic marketing plan this business can be substantially developed.

Competition / Market:

No other competitive Pizzeria restaurants are in this general area and seller will supply a non compete agreement to the purchaser.

Reasons for selling:

Retiring after many successful years in this industry.

Trading hours:

Seven Day Operation
11:00 am to 10:00 pm

Employees:

7

Years established:

1960

Other information

Support & training:

The seller will supply training and remain sixty days post closing.

Owner financing:

Owner financing is available. Please contact the seller for more information.

Financing available:

Seller financing is available for a qualified purchaser.

Furniture / Fixtures value:

$275,000 (included in the asking price)

Inventory / Stock value:

$2,500 (included in the asking price)

Related documents:

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