Listing Details

871 Elizabeth Ave,Elizabeth City, NJ 07201-2755

  • June 5, 2026

Description

Opportunity for an owner-operator or investor looking to step into an established (turnkey) business in a busy and strategic location in the heart of Elizabeth. Restaurant/Pizzeria type, conveniently situated near business & major public transportation routes (1 & 9) and within close proximity to mayor offices of Elizabeth City Hall, (Police Department, Fire Department etc.). This business has been successfully operating for over 10 years and has built a loyal customer base in the community. The restaurant serves a variety of ethnic and American cuisine, including pizza, appealing to a broad range of customers. This turnkey operations include: 2 pizza ovens, a 6-burner stove, fryer, grill, cold buffet stand, warmer stand, meat cutter machine, large dough/batter beater machine, large walk-in freezer,3 soda machines (owned by vendors), refrigerator, fixtures, etc. 5 Year Lease expiring end of 2030 for $3400/month – Utilities approx $600/month . Current seating capacity: 13 tables with 4 chairs each. Potential for improvement – could benefit from remodeling to maximize the layout and create additional seating capacity, providing an opportunity for the new owner to further grow the business. Information on gross & net income will be available to willing & able buyers only.

Details

Last Updated On: June 5th, 2026 at 5:23 pm
Property ID:PT-45840245-AXZR
Offer Type:For Business
Property Type:Business
Price: 260,000 $

Additional Details

Taxes, Fees & Assessments

Existing Lease: 5 or More Years
Ownership Type: Sole Proprietorship
Gross Operating Income: 999999
Net Operating Income: 9999
Expense Operating: 9999

Home Details

Number of Lavatories: 2
Road Type: No Road Type

Utilities

Water: Public Water
Utilities: Electric

Statistics

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