Pizzeria Bagel Shop Delicatessen - 4384
Business Type: delicatessen/catering services,other eating & drinking places,pizza parlour
Acted as the Advisor to the Deal
All of NJ
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Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $160,000 | Down Payment | $130,000 |
| Gross Revenues | $359,033 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $80,372 | Number of FT Employees | Register Free to View |
Financing
$130,000 Down and 30000 at 8.5% for 24 months
Business Description
This is a pizza parlor, bagel store and deli all in one. Located in a small indoor mall whose main tenant is the NYS Dept. of Motor Vehicles, this food service business has one of the most unique and desirable locations for a business of this type. The business is visible and accessible from both the street and from the mall's interior. Absentee owner still nets over $80k annually while only opening 5 days from 6 a.m. 5 p.m. This busy location is also on the same block as a large NYC Fire Company, a Police Precinct, and a NY Social Services Center. It is across the street from a 9000 unit housing complex and is a major conduit for foot traffic to one of NYCs most renowned beach and recreation areas. Serves pizza, bagels, sandwiches, hot foods, coffee and cold beverages. Needs to be refreshed with better lighting, a new sign and a little TLC. New owner can easily double annual gross by remaining open later and on weekends and by delivery to surrounding area, especially housing across the street.
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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