Pizzeria 50% Seller Finance
Union County , New Jersey
| Asking Price: |
Gross: |
Cash Flow: |
| $150,000 |
$435,240 |
$86,177 |
Furniture and Fixtures Value:
$30,000 (included in the asking price)
Inventory Value:
$1,500 (included in the asking price)
Business Summary:
Newly opened Pizza Shop located on a high traffic road in town. The owner is an experienced food merchant who also owns an Italian Restaurant. space was completely renovated with new stone front pizza oven, flat grill, granite counter tops, prep tables, POS system, tiled walls and interior seating and lighting. Has full basement for storage. Owner has advertised with direct mail and is averaging $9,000 per week. On line reviews have been excellent. Has an interactive website which is tied to the POS system for efficient processing of orders. The lease is very advantageous with the lowest rent in the area for 5 yrs and a 5 yr option. Owner realizes he does not have the time to build the business due to his other business commitments, forcing the sale. Price includes all the equipment, website and name. The owner is very motivated and is offering generous seller financing for qualified buyers. Sales are projected based on 2014 revenue for 7 months. Payroll adjusted $36,000 for full time owner operator. Business is offered at $150,000, with a down payment of only $75,000 and owner will finance the $75,000 balance with terms to be negotiated. Contact Broker Paul Holveck @ 908-851-9040 x277 for more details.
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| Year
Business was Established: 1 |
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| Number of Employees:
3FT/3PT |
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| Facilities / Terms of Lease:
Newly opened Pizza Shop located on a high traffic road in town. The owner is an experienced food merchant who also owns an Italian Restaurant. space was completely renovated with new stone front pizza oven, flat grill, granite counter tops, prep tables, POS system, tiled walls and interior seating and lighting. Has full basement for storage. Owner has advertised with direct mail and is averaging $9,000 per week. On line reviews have been excellent. Has an interactive website which is tied to the POS system for efficient processing of orders. The lease is very advantageous with the lowest rent in the area for 5 yrs and a 5 yr option. Owner realizes he does not have the time to build the business due to his other business commitments, forcing the sale. Price includes all the equipment, website and name. The owner is very motivated and is offering generous seller financing for qualified buyers. Sales are projected based on 2014 revenue for 7 months. Payroll adjusted $36,000 for full time owner operator. Business is offered at $225,000, with a down payment of only $75,000 and owner will finance the $150,000 balance with terms to be negotiated. Contact Broker Paul Holveck @ 908-851-9040 x277 for more details. |
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| Owner
willing to finance:
Seller financing for qualified buyers. Terms Negotiable. |
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| Owner
willing to train:
Seller will provide up to 2 weeks onsite training |
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| Reason for selling:
Seller does not have enough time to develop the business due to other business commitments. |
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| REQUEST MORE INFO |
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