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Italian Restaurant & Pizza | Strong Sales For Sale

Morris County, New Jersey, US
Asking Price:
$999,999 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,547,131
Cash Flow:
$450,200

Family owned and operated Italian restaurant and pizzeria generating annual sales in excess of $1.5 million with strong historical cash flow. For more than 25 years, the business has built a loyal customer following and an outstanding reputation for quality food and service.

Highlights include:

• Annual sales exceeding $1.5 million

• More than 25 years of successful operation

• Fully equipped commercial kitchen with experienced staff in place

• Multiple revenue streams including dine in, takeout, delivery, catering, and private events

• Opportunity for a new owner to build upon an already successful operation

Property Information

Real Estate:

Lease

Premises Details:

The business operates from an approximately 4,000 square foot leased facility featuring a fully equipped commercial kitchen, dedicated pizza preparation area, restaurant dining room, pizzeria seating, ample storage, and a catering preparation area. A new long term lease is available to a qualified buyer.

Business Operation

Management type:
This business is owner operated.
Expansion Potential:

While the business has generated strong sales under its current operating model, meaningful opportunities exist for a new owner to further expand the business, including:

• Expanding utilization of the existing restaurant dining area

• Expanding operating days and hours

• Growing catering and private event bookings

• Increasing social media and digital marketing efforts

• Enhancing online ordering and third party delivery platforms

Competition / Market:

The business has successfully operated for more than 25 years by consistently providing quality food, excellent customer service, and a diverse menu that has earned a loyal following. Its long operating history and established reputation have positioned the business well within the local marketplace.

Reasons for selling:

Seller has decided to retire and transition the business to a new owner.

Trading hours:

Monday-Saturday 10am-9 pm

Employees:
6 FT
Years established:
27

Other Information

Support & training:

Will train for 4 weeks @ $0 cost.

Furniture / Fixtures value:
$135,000 - included in the asking price
Inventory / Stock value:
$15,000 - included in the asking price