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Iconic Italian Pizzeria In Cape May County For Sale

Cape May County, New Jersey, US
Asking Price:
$535,000
Sales Revenue:
$550,000
Cash Flow:
$180,000

This is a once-in-a-lifetime opportunity to own an iconic Italian pizzeria restaurant in one of south Jersey's historic resort towns. Located on a high-traffic main street, the business has served this resort for 40 years, under the same owner. With 15-20% of business from deliveries, this hot pizza spot has gone through many phases including serving breakfast, lunch, dinner, and late night meals. It has even offered pizza deliveries on the beach during season. It estimates that it owns 35% of the pizza business for the entire town. For an experienced owner, the location draws natural business without the need for advertising and has numerous options to expand. The current owner also owns the building which features over 3,900 sq. ft. of restaurant and kitchen space, including 2 walk-in freezers, a POS system, and indoor/outdoor seating for parties and small groups. It does more business in 3 months than most do in a year. Renewable 5-year lease is available. Owner retiring but will stay on to help new owner get situated. You must have pizzeria restaurant experience and proof of funds. No owner financing. Call our senior broker Bob Dallas.

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us to discover the difference that is Vested Business Brokers.

Business Operation

Reasons for selling:

Retiring

Employees:
5FT/4PT
Years established:
1982

Other Information

Support & training:

Seller will train

Furniture / Fixtures value:
$250,000
Inventory / Stock value:
$10,000

Contact Vested Business Brokers HQ

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