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BUSINESSES FOR SALE

If you are looking to buy a business or sell a business, GlobalBX can help you. GlobalBX is a free business for sale listing exchange that provides a confidential forum to facilitate the buying and selling of businesses with thousands of businesses and franchises for sale as well as comprehensive business information for business buyers and business sellers. Buy a business, sell a business, find a franchise for sale or franchise opportunity at GlobalBX. Click Here to access GlobalBX's full site.

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Pizzeria With Option On Real Estate

Location  New Jersey,United States
Asking Price Range  < $250K
Gross Revenues  $600000
Net Profit / Cash Flow  $100000
Cash Flow Type  EBITDA
Seller Finance  Yes
Year Established  1987
Number of Employees  10 - 19
Inventory  $175,000 equipment & $1,800 inventory.
Relocatable  No
Number of Employees  10 - 19
Real Estate  Owned
Training  The seller will remain after closing and supply a long term transitional period.
Reason for Sale  The seller is relocating out of this area after many years of success.
Description  A real must to see this very attractive and modern pizzeria business in Union County, New Jersey. The business is twenty five years old and fully upgraded within the past two years. The sale will evidence a gross income of $12,000 weekly with a solid net income return to the operator. The owner will offer a long lease with a modest rent. This retial business has six employees who are unaware of the pending sale and fully expected to remain post closing. this business location has substantial private parking on the site and part of the lease. The business is operational seven days weekly with hours from 11:00 am to 9:00 pm. The business has a municipal food handler's license and a certificate of occupancy to condust business at this location. The sale includes a new fifteen year commercial lease with a monthly rent of $4,200. Based on the asking price, required down payment and net income this business should supply a 40% return to the owner operator prioro to debt service. The business has a full staff consisting of sex full time and 2 part time staff that will remain with the program after transition. This is a solid business aand an excellent opportunity, a must to see to fully appreciate. The facility consists of 1,800 square feet in a modern recently upgraded facility on an active commercial avenue. This business is centrally located and is nearby to an active commuter train station which attracts additional customers. This business is located in Union County, New Jersey on a high trafficked county road nearby to various major state highways.
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