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Accommodation & Food Services

Italian Restaurant & Pizza | Strong Sales

Morris County, NJ, USA
Listed 69 days ago

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

Employees

6 FT

Real Estate

Lease

Trading Hours

Monday-Saturday 10am-9 pm

Management Type

This business is owner operated.

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.

Years Established

27

Support & Training

Will train for 4 weeks @ $0 cost.

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.

Inventory / Stock Value

$15,000 - included in the asking price

Reason for Selling

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

Financials

Asking Price
$1000K
RevenueMost Recent Year
$1.5M
Earnings (SDE)Last Reported
$450K
Assets ValueIncluded in Asking Price
$135K
Seller Financing
Not available

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