Pizzeria Business In Bergen County For Sale

Business description

Forty year old highly successful Pizzeria business in a
wonderful area Bergen County NJ. This food
service business has a long standing reputation for great
food and excellent service. The present owner is retiring after
many years at this location. Due to the owners desire to retire
the business presently produces $465,000 yearly sales with
limited hours of 3:00 pm to 9:30 pm. However during previous
years the owner produced $15,000 average weekly income
by opening for lunch and maintaining an advertising budget.
The facility is minutes from the GW Bridge and the NY Lincoln
Tunnel and services a highly populated upscale area
consisting of numerous Bergen County communities. The sale
includes a huge commercial kitchen, various refrigeration and
freezers, tables, chairs and various equipment required for
this food industry. The building has a legal capacity for 75
patrons, 2,000 sq ft, with a large basement. Adequate private
& municipal parking is on the site and part of the lease
agreement. The business is operational seven day weekly
hours from 3:00 pm to 9:30 pm. The business has a municipal
food handler s license & C.O. for this facility. The sale
includes a fifteen year commercial lease with a monthly rent
of $6,500. The sale will include all employees who are
expected to remain post closing. The business facility is clean
modern with an attractive image and based on its quality
equipment is capable of producing a high volume of food
production. The owner is prepared to train and remain post
closing to assist the purchaser. Owner financing is available
to qualified buyers.

Property information

Real Estate:

Lease

Location:

Located in an upscale densely populated area of Bergen County, New Jersey and servicing various communities consisting of hundreds of thousands of residents.

Premises details:

The facility consists of 2,000 square feet which is essentially two store fronts on a busy commercial avenue. The business has a large walk up counter for quick food service and a separate dining area with seating capacity for sixty customers. The business has a large commercial kitchen, a huge basement representing a prep area, storage and private office.

Other information

Expansion potential:

With an improved marketing plan and increasing the hours for a lunch trade this business can be further improved representing a higher income.

Competition / Market:

No other Pizzeria restaurant is in this particular area and the seller will supply a non compete agreement to the new operator.

Support & training:

The seller will supply a full transitional period and remain 45 days post closing.

Reasons for selling:

Retiring after forty successful years in this industry.

Trading hours:

Seven Day Operation
3:00 pm to 9:30 pm

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:

$125,000 (included in the asking price)

Inventory / Stock value:

$1,500 (included in the asking price)

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