Listing Number: 6301-841585
Description
Restaurant Pizzeria in business 30 years on main road in a midsized strip center. This business has not recovered from the COVID years and has cut back the restaurant section of the operation which has reduced the lease costs. This is a “key money” opportunity as the new owner is essentially buying a buildout location. It has the advantage of having a long history in the area with an excellent location.
Listing Details
- Price: $ 175,000
- Down Payment: $175,000
- Sellers Discretionary Earnings: $ 74,600
- Total Sales: $ 884,000
- Location: Mount Olive, Morris County, New Jersey
- Inventory: $ 5,000
- FF&E: $ 40,000
- Employees: 6
- Year Established: 1994
- Reason for Selling: Retirement
- Category: Catering,Restaurants
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