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Business for Sale

Pizza Resturant
Essex County, NJ

Listing #22158

   
Financial Information (non-confidential)
Asking Price $220,000.00 Gross Revenues $462,000.00
Down Payment $220,000.00 Owner’s Cash Flow $114,040.00

Financing: $220,000.00 Down and Negotiable - owner finance for buyers with good credit and proff of funds

Reason for Selling:Partnership desolution

Well known Pizzeria/Italian food in the heart of downtown Essex, in business for 21 years. Hundreds of employees pass by everyday, NJIT,and UMDNJ, in addition to 14 schools. Surrounded by hotels - big name with a great reputation a complete menu with variety of pizzas, Italian dishes, sandwiches, wraps and salads. Well known for the great catering service for all corporate meetings and private events. 1500 sq. ft. with 34 seats, a very low rent of $ 2,500 a month, 10 years left in the lease. $490,000 sales a year, provides a semi-absentee owner with $114,000 yearly. 6 days of easy operation, With a great potential to grow. Asking $220,000 with owner financing for qualified buyer will consider all reasonable offers for more information contact Joe DiBello at 508-965-8848.
Vested Corporate
Senior Business Broker
1(877) 735-5224
corporate@vestedbb.com
Servicing Area:
This Broker is Servicing All of States
Vested Corporate

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