Executive Summary
At first glance, this may appear to be a $1.2 million restaurant acquisition. In
reality, buyers should recognize that the majority of the purchase price is
represented by the included Broad C Liquor License, which is estimated to have a
standalone value of approximately $975,000.
This means the buyer is effectively
acquiring a fully built-out, turnkey Italian restaurant with nearly $1 million
in annual sales, an established customer base, and substantial equipment and
infrastructure for approximately $225,000 above the value of the license.
For operators seeking to enter the Livingston market or expand their existing
footprint, opportunities to acquire a liquor license and a fully operational
restaurant under one roof are exceedingly rare.
Exceptional opportunity to acquire a highly visible, fully built-out Italian
restaurant and pizzeria in one of Essex County’s most affluent and desirable
communities.
Pizzeta combines an established dine-in restaurant, thriving
pizza/take-out business, and an extremely valuable Broad C Liquor License — all
within a beautifully designed 3,200 sq.ft. facility with extensive
infrastructure rarely found in the market today.
The restaurant features approximately 92 indoor seats plus an impressive 18-seat
bar area, creating a vibrant yet comfortable dining atmosphere ideal for both
family dining and evening bar business. A separate dedicated walk-up/take-out
pizza operation allows high-volume delivery and take-out traffic to function
independently from the main dining room, providing operational efficiency and an
enhanced guest experience.
The kitchen and back-of-house infrastructure are truly state-of-the-art.
Highlights include a premium RotoFlex pizza oven capable of producing up to 28
pizzas simultaneously, expansive prep areas, multiple production stations, three
walk-in refrigerator/freezer units, substantial dry storage capacity, a
temperature-controlled wine cellar, and a secured liquor storage room. The full
basement level provides exceptional utility and operational support rarely
available in comparable restaurant properties.
The business generates approximately $958,000 in annual gross revenue with an
average cash flow of approximately $110,000 over the past two years.
The
offering is ideally suited for an experienced restaurateur, regional operator,
hospitality group, or investor seeking both an established operation and one of
the market’s most difficult assets to obtain — a Broad C liquor license in
Livingston, New Jersey.
The asking price is $1,200,000, including the Broad C liquor license valued at
approximately $975,000.
This is a rare opportunity to acquire a fully equipped, high-capacity restaurant
facility with substantial infrastructure, strong community presence, valuable
liquor license assets, and significant future upside potential.
Confidentiality agreement required for additional information.