New Pizzeria With Increasing Sales In New Jersey For Sale

Business description

Recently purchased and completely done over/remodeled at a cost of over $500,000. New kitchen pizza oven. All equipment all furnishings (completely new) presently doing $10,000 week with a continued upward spiral since it started 2 years ago. More restaurant many items served than the typical Pizzeria. Seats over 100 comfortably plus counter very large and spacious dinning area. Lease of 13 years in place. New owner can get options on top of this. Does 800 pies per week. Does only 4% delivery. Does take out/ pickup for other pizza shops in area minor part of business but this area can grow since other shops who are smaller can receive income by staying on top of their own delivery service. After 2 years in business the volume still is increasing upwards. Name of place does not go along with sale. For further information, please contact Vito Mastromonaco below.

Property information

Premises details:

Almost new (2 years) best of and too much equipment. Seating for 100 at tables and plus counter. Very large mall with parking galore. 13 years remaining on lease options are available.

Other information

Competition / Market:

Although area is gaining on population (affluent) there are not too many pizzeria’s in area. This place makes up to go orders for other Pizzeria’s and then they deliver them to Mr. Bruno’s area residence. Discount given to other Pizzeria’s when they pick up food. New concept

Support & training:

2 weeks

Reasons for selling:

Owner who is retiring moving to another area

Trading hours:

7 days 11am-9:00pm

Financing available:

Owner would negotiate for interest rate and terms of loan

Furniture / Fixtures value:

$500,000 (included in the asking price)

Inventory / Stock value:

$3,000 (included in the asking price)