Under Contact/Pizzeria doing 15kto16K Wk in Passaic County,NJ

Passaic County, NJ

Seller Financing Available

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Asking Price:$199,000
Gross Revenue:$780,000
FF&E:$25,000
Cash Flow:$155,000
Inventory:$10,000
Established Year:1997
BUSINESS DESCRIPTION

Landmark location Pizzeria has been the main hub for the pizza lovers which is located on main street in Passaic County,New Jersey. This location offers array of authentic Italian dishes like, plain pizza, speciality pizzas ( chicken pizza, grandma pizza, vegetarian pizza, thin crust pizza, hand tossed pizzas) and appetizers, potato salad, soups & subs, hot & cold wraps, burgers, panninis, desserts,kids menu and drinks. This location does more than $15,000 to $16,000 a week in sales with Net Cashflow of $155,000.
***Please note that additional Income of $150,000 is generated from catering contracts like Passaic Schools, Boys Club, Bingo Night,Private Schools, Hospitals, Nursing Home, Private Doctors Clinics, Fire Department and Police Stations.)
Long term lease is available for 1750 sq.ft space for a qualified buyer.
This is a great neighborhood location that can be managed as owner/ opeartor, semi-absentee and absentee by the new owners.
Do not miss this great opportunity!! Please call @ 732-896-1037.
PLEASE NOTE: In order to show the location , potential buyers will sign NDA with Photo ID and Proof of Funds
like bank statement or letter from the bank stating your funds status, before we disclose any further information..
No co-brokering, please .
Call Teddmin@ 1-732-896-1037 for more information.
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We are always in search of quality businesses for our buyers. If you're a business owner thinking of selling your business, please email or contact us


DETAILED INFORMATION
Location
Passaic County, NJ
Inventory
Not Included in asking price
Employees
6
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Assets include fully equipped kitchen( walk in freezer, hood, grill) furnitures, fixtures and pos system
Growth & Expansion
Great growth potential, Increase by utilizing the advertising media to grow sales. Minimal advertising is done now
Support & Training
Seller has complete staff that is willing to stay and ready to provide complete training and support
Reason for Selling
Planning to Retire
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Sanjay
K. Gupta
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Sanjay K. Gupta