Description
Excellent opportunity to own an established business in Allenhurst. Serpico's, a longstanding pizzeria is being sold along with its brand, equipment, and furniture. The property includes a full basement equipped with a large walk-in freezer, prep station, and dough machine. New POS system tracks customer sales, marketing and financial reporting. The monthly rent is low with a remaining five-year lease. The landlord is open to extending the lease for another five years. Low overhead costs, making it feasible to maintain profitability and future potential growth. New revitalization downtown project brings new customer base. Do not miss this opportunity to be a part of the Allenhurst downtown redevelopment!
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School Ratings & Info
Description
Excellent opportunity to own an established business in Allenhurst. Serpico's, a longstanding pizzeria is being sold along with its brand, equipment, and furniture. The property includes a full basement equipped with a large walk-in freezer, prep station, and dough machine. New POS system tracks customer sales, marketing and financial reporting. The monthly rent is low with a remaining five-year lease. The landlord is open to extending the lease for another five years. Low overhead costs, making it feasible to maintain profitability and future potential growth. New revitalization downtown project brings new customer base. Do not miss this opportunity to be a part of the Allenhurst downtown redevelopment!
© 2025 Monmouth-Ocean MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or The CG Group | RE/MAX Revolution. Data last updated 2025-11-17T10:19:15.427.
Listing information © 2025 Monmouth-Ocean MLS. Listing provided courtesy of Mark A. Bettencourt of Berkshire Hathaway HomeServices Fox & Roach - Ocean: 732-493-4900.