Very Prosperous Pizza Restaurant In Hudson County For Sale

Business description

Exceptional lease for this very prosperous pizza/restaurant located in the commercial center of a very vibrant Hudson County town, located close to school, commercial establishments, offices, and post office. This place is extremely popular with township residents. Food and pizza are far superior to any rival s pizza/food. This goes for all pizza places located in towns many malls or pizza outlets. 26 seats inside, always busy, easy to find parking with metered parking outside. At present does 60% delivery. This figure can easily be increased by 30-40% by allowing deliveries to go to neighboring towns. This is not done at present time as owner is not interested in controlling extra volume. Pizzeria is currently doing over $500,000 yearly by delivering to outside communities; total volume should be well over $10,500 weekly food and pizza are of excellent quality. For further information please contact Vito Mastromonaco below.

Property information

Premises details:

40 seat pizza restaurant located in a vibrant commercial center of one of Hudson County’s well to do town. Great lease does not go up for next 8 years, easy to obtain options possibly at same rate

Business Operation

Expansion potential:

Quite simple, delivery to surrounding towns not done now can increase dollar volume by 20%

Competition / Market:

Most of the pizzerias in the area are small and focus on delivery of inferior pies and food – here there is quality and reputation

Reasons for selling:

Retirement

Trading hours:

11am-2am

Employees:

10

Years established:

6 years

Other information

Support & training:

Two weeks

Owner financing:

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

Financing available:

Owner would accept $30,000 financing from an experienced and buyer of means

Furniture / Fixtures value:

$60,000 (included in the asking price)

Inventory / Stock value:

$3,000