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Popular Pizzeria with 18K/wk sale, Prime Location Gloucester County NJ

Gloucester County, NJ
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Asking Price:$499,000
Gross Revenue:$960,000
FF&E:$190,000
Cash Flow:$190,000
Inventory:$15,000
Listing ID: 2310153Listing provided by BizBuySell
BUSINESS DESCRIPTION

Location! Location! Location! Great opportunity for a well established profitable Pizza Restaurant known for pizzas & steaks, with full service dining, take-out and delivery. This charming restaurant is about 5000 sq ft with 64 seating capacity with a spacious fully equipped kitchen. Well established around 14 years with an established clientele. Strategically located in a high traffic shopping center with ample parking & close to major chain shopping centers. Easily accessible to traffic and major roadways. All equipment in good condition and is included in the asking price.
Good Potential - Money Making Opportunity for motivated buyer!
The cash flow noted is for an owner/operator working 50 hrs/wk taking salary and before debt service.

DETAILED INFORMATION
Location
Gloucester County, NJ
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
5,000
Lease Expiration
31/10/2033
Employees
5
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Spacious restaurant equipped with 60+ seating capacity in a 5000 sq ft space, full kitchen, deep freezers and ample parking space in a great high traffic location close to chains & major shopping centers!
Growth & Expansion
With a 60+ seating capacity, potential to increase dine in customers & increase sale.
Support & Training
Seller is willing to provide two weeks training & support for easy transition
Reason for Selling
Seller wants to diversify
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Ahmed
Saiyed
Lamon Assocites
Phone Number
Ahmed Saiyed
Call Phone