Established Pizzeria Restaurant at Asset Sale Price

Listing Number: 6301-841585

Description

Restaurant Pizzeria in business 30 years on main road in a midsized strip center. This business has not recovered from the COVID years and has cut back the restaurant section of the operation which has reduced the lease costs. This is a “key money” opportunity as the new owner is essentially buying a buildout location. It has the advantage of having a long history in the area with an excellent location.

Listing Details

• Price: $175,000
• Down Payment: $175,000
• Sellers Discretionary Earnings: $74,600
• Total Sales: $884,000
• Location: Morris County, New Jersey


• Inventory: $5,000
• FF&E: $40,000
• Employees: 6
• Year Established: 1994
• Reason for Selling: Retirement
• Category: Catering,Restaurants