New Jersey Property

Upscale Pizzeria / Italian Restaurant 257

Essex County, New Jersey

Summary

Listing ID: NJ0257

Style: Deli/Pizza

Asking Price: $229,000

Square Footage: 2400

Cash Flow: $75000

Total Revenue: $500000

Summary Description

Completely renovated restaurant, custom d├ęcor through out the entire location. The center piece is a wood burning pizza oven located at the entrance of the restaurant. This Chef inspired location has a very efficient kitchen with a large hood-vent and all the equipment needed to prepare any menu. It has a full basement with an office and a large storage area. He is closed on Monday and is only using half of the location for dining right now and is still doing great sales. There is another dining area that seats an additional 50 customers that can be added to the other 50 seats he already has. It can be used for private parties or over flow dining. He is preparing to open a very well landscaped Patio which can also be used for additional dining and private parties. Sales can increase dramatically with the addition of the patio and other dining room. The business is located on the main road in the middle of a commercial and residential area. Great visibility and drive by traffic. He has a ten year lease that has below market rent for the area and it is 2400 sq ft not including the basement or patio.

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