Iconic Italian Pizzeria for sale in NJ - 34288 Business Type: restaurant/ cafes/ diners,seller financing available,pizza parlour
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Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $535,000 | Down Payment | $535,000 |
| Gross Revenues | $550,000 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $180,000 | Number of FT Employees | Register Free to View |
Financing
$535,000 Down and
Business Description
This is a once-in-a-lifetime opportunity to own an iconic Italian pizzeria restaurant in one of south Jersey's historic resort towns. Located on a high-traffic main street, the business has served this resort for 40 years, under the same owner. With 15-20% of business from deliveries, this hot pizza spot has gone through many phases including serving breakfast, lunch, dinner, and late night meals. It has even offered pizza deliveries on the beach during the season. It estimates that it owns 35% of the pizza business for the entire town. For an experienced owner, the location draws natural business without the need for advertising and has numerous options to expand. The current owner also owns the building which features over 3,900 sq. ft. of restaurant and kitchen space, including 2 walk-in freezers, a POS system, and indoor/outdoor seating for parties and small groups. It does more business in 3 months than most do in a year. Renewable 5-year lease is available. Owner retiring but will stay on to help the new owner get situated. You must have pizzeria restaurant experience and proof of funds. No owner financing. Call our senior broker Bob Dallas at 267-800-8209.
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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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