871 Elizabeth Ave , Elizabeth City, Union 07201-2755
  • $260,000

Overview

Property ID: HZ4019248
  • Business Opportunity
  • Property Type
  • 1600 Sqft
  • Area Size

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.

  • Address: 871 Elizabeth Ave
  • City: Elizabeth City
  • State/county: Union
  • Zip/Postal Code: 07201-2755

Details

Updated on April 12, 2026 at 12:09 pm
  • Property ID HZ4019248
  • Price $260,000
  • Property Size 1600 Sqft
  • Garage Size x x
  • Property Type Business Opportunity
  • Property Status Active

Additional details

  • Utilities Electric
  • Sewer See Remarks
  • Cooling See Remarks
  • Heating See Remarks
  • County Union
  • Property Type Business Opportunity

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