"Landmark" Pizzeria in an Affluent Town
New Jersey
| Asking Price: |
Gross: |
Cash Flow: |
| $369,000 |
$570,000 |
$180,556 |
Furniture and Fixtures Value:
$60,000 (included in the asking price)
Inventory Value:
$7,500 (included in the asking price)
Business Summary:
All furniture, fixtures, &equipment are in excellent condition, & are included in the sale. Parking available in a lot in front, & free street parking on the side of the building. The seller owns the property, & will offer a minimum of a 10 year lease & at least one option. There is no direct competition in the immediate area; several area pizzerias have closed down over the years. This pizzeria has been a “landmark” in the area for over 48 years. A new owner should do advertising & promotion. There are several area schools, temples, & churches within a few miles of the pizzeria. So there’s much growth potential. There’s ample space to put in some tables for customers to “eat in.” This should increase gross sales and profit.
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| Year
Business was Established: 48 |
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| Number of Employees:
1FT/ 2PT |
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| Facilities / Terms of Lease:
All furniture, fixtures, &equipment are in excellent condition, & are included in the sale. Parking available in a lot in front, & free street parking on the side of the building. The seller owns the property, & will offer a minimum of a 10 year lease & at least one option. |
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| Potential
Growth/Expansion:
A new owner should do advertising & promotion. There are several area schools, temples, & churches within a few miles of the pizzeria. So there’s much growth potential. There’s ample space to put in some tables for customers to “eat in.” This should increase gross sales and profit.
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| Competition:
There is no direct competition in the immediate area; several area pizzerias have closed down over the years. This pizzeria has been a “landmark” in the area for over 48 years. |
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| Owner
willing to finance:
Owner financing is available for qualified buyers. |
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| Owner
willing to train:
2 weeks. The owner is willing to also stay on a little longer as a paid employee. |
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| Reason for selling:
Owner would like to relocate. |
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| REQUEST MORE INFO |
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