Hot Listing

Established Neighborhood Pizzeria since 1985. Highly rated & busy.

Asking Price$1,650,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$2,340,000

Inventory$20,000
Not included in asking price
FF&ENot Disclosed

listing imageSave
Hot Listing

Established Neighborhood Pizzeria since 1985. Highly rated & busy.


Asking Price$1,650,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$2,340,000

Inventory$20,000
Not included in asking price
FF&ENot Disclosed


Seller Financing Available
Business Description
Located on the main shopping street in the town. High visibility with parking.
Surrounded by schools and a mix of healthcare, retail, education, and transportation.
Strong slice lunch business.
The restaurant averages 20% of eat-in sales and 80% pickup & delivery from the store website and online delivery platforms.
Restaurant has a full liquor license with the right to sell beer & wine for off-premise.
The liquor license is a Plenary Retail Consumption License and is NOT INCLUDED in the restaurant ASKING price. The Liquor License is priced at $150,000.
Restaurant is fully staffed with the owner averaging 20 hours/week.
There is a manager and 3 assistant managers. Kitchen is fully staffed with 2 pizza makers and one pizza trainee.
About the Business
Years in Operation
42
Employees
35 (8 Full-time, 20 Part-time, 7 Contractors)
Facilities & Assets
All equipment and fixtures are in excellent condition.
6 POS terminals.
The kitchen is built to handle high volume.
Store has great frontage.
Fantastic lease is 10 years with 2 X 5 year options at $6,340/Month. Rent increases 3% annually, with additional rent 13% of increases in real estate taxes over 2025 base year.
Full basement with refrigeration and storage.
Market Outlook / Competition
This pizzeria is the most popular in town and has a built-in repeat customer base.
NJ Transit station is close by and is accessible with the West Orange shuttle.
Opportunities for Growth
Owner does menu mailings but does not have a strong social media platform.
This is important as the town is experiencing a strong influx of young professional, media savvy families with children.
Great opportunity to build dinner business with the liquor license promotions.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
2,400
Rent
$6,340.00 per month
Lease Expiration
12/31/2045
About the Sale
Seller Motivation
Retiring
Transition Support
Owner will transition.
Financing Options
This business will qualify for SBA financing. Limited Seller Note.
Listing Info
ID
2462237
Listing Views
189
Attached DocumentsAttachment Disclaimer

ConfidentialityAgreement SFNDA (1).docx


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Business Listed by: Brian Elkin Elkin & Lee Realty & Business Advisors

Listing ID: 2462237 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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