Pizza Resturant - 22158
Business Type: pizza parlour,restaurant/ cafes/ diners,owner financing available,assets only sale
Acted as the Advisor to the Deal
Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $220,000 | Down Payment | $220,000 |
| Gross Revenues | $462,000 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $114,040 | Number of FT Employees | Register Free to View |
Financing
$220,000 Down and Negotiable - owner finance for buyers with good credit and proff of funds
Business Description
Well known Pizzeria/Italian food in the heart of downtown Essex, in business for 21 years. Hundreds of employees pass by everyday, NJIT,and UMDNJ, in addition to 14 schools. Surrounded by hotels - big name with a great reputation a complete menu with variety of pizzas, Italian dishes, sandwiches, wraps and salads. Well known for the great catering service for all corporate meetings and private events. 1500 sq. ft. with 34 seats, a very low rent of $ 2,500 a month, 10 years left in the lease. $490,000 sales a year, provides a semi-absentee owner with $114,000 yearly. 6 days of easy operation, With a great potential to grow. Asking $220,000 with owner financing for qualified buyer will consider all reasonable offers for more information contact Joe DiBello at 508-965-8848.
Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.
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