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Business for Sale Summary

Passaic Cty Pizzeria Business for sale - 33481

Business Type: restaurant/ cafes/ diners,seller financing available,pizza parlour
Passaic Cty Pizzeria Business for sale
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This business has received 14 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $150,000 Down Payment $100,000
Gross Revenues $325,000 Lease Remaining Register Free to View
Owner’s Cash Flow $100,000 Number of FT Employees Register Free to View

Financing

$100,000 Down and 50K at 0% over 12 months

Business Description

This is a long-established pizzeria located in the most heavily populated neighborhood in Passaic County, New Jersey. Ownership changed hands recently and the new owners had given rebirth to this mature business despite their lack of experience. Their intent when they purchased the business was to bring in an experienced manager and operate the business absentee. The business had been building when the owners were hands-on, but it declined when each owner inevitably returned to his own business and put the pizzeria in the hands of an inexperienced employee. Despite absentee ownership and despite Covid 19, the business is and has been profitable. There are so many ways to continue the growth in this pizzeria that it has to be seen to be appreciated. Not the least of which is the fact that the NYC bus stops in front of the store and store-front sidewalk service has been established to sell commuters and pedestrians drinks, ice cream, pizza slices, hot dogs or whatever. Act fast- every knowledgeable pizzeria owner will want in on this one. SELLER FINANCING IS AVAILABLE. Please contact the broker for further information at 1-646-269-4616.

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

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.