Priced to sell Turnkey Pizza & Catering Restaurant
Asset Sale Description
PRICED TO SELL – ASSET SALE
Excellent opportunity to acquire a fully built-out and equipped pizza and Italian restaurant in Union, New Jersey.
This offering is structured primarily as an asset sale and is not being priced based on historical revenue, cash flow or earnings. The asking price reflects the value of the existing restaurant buildout, commercial kitchen equipment, furniture, fixtures and infrastructure, along with the opportunity to take over a turnkey restaurant location.
The restaurant opened in 2021 and represents a substantial investment in buildout and equipment. A buyer can avoid much of the cost, permitting, construction time and uncertainty involved with developing a restaurant from an empty space.
The location is currently configured for pizza and Italian food, dine-in, takeout, delivery and catering. A buyer may continue operating a similar concept or potentially introduce a new concept, subject to landlord approval, lease terms and applicable licensing.
Seller is motivated and has priced the assets aggressively for a timely transaction.
This is an excellent opportunity for an experienced restaurant operator, existing restaurant group or entrepreneur looking for a turnkey location.
Excellent opportunity to acquire a fully built-out and equipped pizza and Italian restaurant in Union, New Jersey.
This offering is structured primarily as an asset sale and is not being priced based on historical revenue, cash flow or earnings. The asking price reflects the value of the existing restaurant buildout, commercial kitchen equipment, furniture, fixtures and infrastructure, along with the opportunity to take over a turnkey restaurant location.
The restaurant opened in 2021 and represents a substantial investment in buildout and equipment. A buyer can avoid much of the cost, permitting, construction time and uncertainty involved with developing a restaurant from an empty space.
The location is currently configured for pizza and Italian food, dine-in, takeout, delivery and catering. A buyer may continue operating a similar concept or potentially introduce a new concept, subject to landlord approval, lease terms and applicable licensing.
Seller is motivated and has priced the assets aggressively for a timely transaction.
This is an excellent opportunity for an experienced restaurant operator, existing restaurant group or entrepreneur looking for a turnkey location.
Detailed Information
- Years in Operation
- 5
- Facilities & Assets
- Modern restaurant buildout completed for the 2021 opening.
The sale includes a substantial package of restaurant furniture, fixtures and equipment, including commercial pizza and cooking equipment, refrigeration/freezer equipment, food preparation areas, storage, POS-related infrastructure, dining and customer areas, tables, seating and other restaurant equipment and fixtures included in the final asset list.
The restaurant is already configured for dine-in, takeout, delivery and catering production.
Current rent is approximately $8,900 per month.
About the Sale
- Transition Support
- Seller will provide reasonable transition assistance to facilitate an orderly transfer of the restaurant assets and operations.
If the buyer elects to continue a similar restaurant concept, additional operational training and transition assistance may be negotiated as part of the transaction. - Seller Motivation
- Owner focusing on other business interests.
- Financing
- Seller financing may be available for a qualified buyer with an acceptable down payme
Listing Info
- ID
- 1985462
- Listing Views
- 1
Business Location
Listing ID: 1985462 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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