Pizza Resturant
Location New Jersey,United States
Asking Price Range < $250K
Gross Revenues $462000
Net Profit / Cash Flow $114040
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1991
Number of Employees 1 - 3
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Leased
Training Seller Will train
Reason for Sale Personal
Description 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
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