Spicy Pizzeria In A Commercial Mall Setting For Sale

Business description

A spicey Pizzeria business located in a commercial mall of Middlesex County, New Jersey. The business is in a commercial shopping mall with other high end food businesses in the area. This is a solid opportunity with a full staff that will remain after closing. The business is five years old and enjoys a substantial annual income with fifty percent of the business generated from deliveries. This opportunity has additional growth potential available with a new full time owner operator. The seller is presently absentee due to illness and will finance the sale to a qualified buyer. Please call for further information.

Property information

Real Estate:

Lease

Lease terms:

An existing ten year lease with additional options is available for transfer. The montly rent is approximately $4,200.

Leasehold rent:

$50,400 per annum

Location:

Facility consists of 1,500 square feet with an indoor seating capacity for 35 customers. The facility is located in a modern mall with many other commercial businesses.

Premises details:

Mall parking is also available and included in the sale.

Size in square feet:

1,500

Other information

Expansion potential:

The owner is presently absentee and is not involved with the business. With onsite management and an updated marketing plan this business can be further improved.

Competition / Market:

No similar Pizzeria competitors exist in the immediate area.

Support & training:

Seller will provide a full due diligence and transitional period.

Reasons for selling:

Retirement / Illness

Trading hours:

Monday thru Sunday
10:00 am to 10:00 pm

Owner financing:

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

Financing available:

Seller financing is available with half down

Furniture / Fixtures value:

$145,000 (included in the asking price)

Inventory / Stock value:

$1,500 (included in the asking price)