MergerPlace

Pizzeria- Great town in Bergen County!

New Jersey (Bergen)


  • Asking Price: $125,000
  • Gross Income: $323,102
  • Cash Flow: $67,335
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $40,000
  • Listing ID: #196461
  • Established: 1991
  • Employees: 3 FT / 2 PT

Business Description

Reason for Sale: Starting a Real Estate Career. Extremely Profitable Multi Store Fresh Fruit Bouquet Franchise. 1300 locations nationwide in the franchise network. Strong Nationwide branding. Both locations have been established since 2006 creating magnificent, fresh fruit arrangements & gourmet chocolate dipped fruit to order, for pick-up or delivery. Owner benefit $350k for a floating owner. Visa qualified. Tenured staff. Lease extends to 2031. Prime storefront locations. Top 10 store in the franchise system. Seller services all Broward County cities. Stores were recently upgraded to meet franchisor specs. Buyer pays transfer/training fee. Training in Connecticut. Perfect books and records (16/15/14 Tax Returns on file). All buyers must financially qualify.


Business Details

Primary Business Category: Restaurants, Bars & Other Food Services
Location: New Jersey
County: Bergen

Company Information

Year Established: 1991
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 3 FT / 2 PT

Financial Information

Asking Price: $125,000
Gross Revenue: $323,102
Cash Flow: $67,335
FF&E: $40,000
Seller Financing Available: No

Property Information

Facilities:

This location has been a pizza shop in the area for over 25 years so well established and popular with the town. All equipment has been upgraded. State of the art pizza ovens and grills allow for large corporate catering opportunities. 3 Freezers and plenty of prep and storage space. Can cook up to 24 pies at any one time.

Growth & expansion opportunities:

Lots of growth potential for a new aggressive owner who wants to be more involved in the business. This location can also support catering and should be pursued by the new owner. More corporate accounts can be sold with little effort.

Competition:

Many competitors in the local market but this business has a loyal following and even brings in customers from surrounding towns.

Reason for selling:

Starting a Real Estate Career.

Support & Training:

Will train for 2 weeks @ no cost. Owner will train the buyer of this business and teach them on all menu items. All inspections are up to date.

Contact Business Seller

This form may be used only to contact the seller of this specific business listing. Please do not use this form for any other purpose.

Business Listed By:

Daz Connell

Murphy Business Brokers