Under Contract- Profitable Pizzeria & Real Estate doing 50k Week in NJ

Middlesex County, NJ

Seller Financing Available

listing image
Asking Price:$1,200,000
Gross Revenue:$2,500,000
Established Year:2000
Cash Flow:$600,000
Inventory:$15,000
BUSINESS DESCRIPTION

Long established profitable pizzeria is located in a busy area of Middlesex County, NJ. Location has been famous for its Pizzas & Catering for over years.This location offers freshly made choice of pizzas,pastas, appetizers, entrees, pastas, baked dishes, soups, subs, hot wraps, cold wraps , paninis, salads and desserts. All the foods is made using only the highest quality and freshest ingredients. They also provide on & off premises catering and private parties for all occasions that include – business lunches, office parties, hospital meetings, school functions, veterans parties, baseball matches, retirement parties, birthday parties and holiday parties.This location does more than $2.5 million a year,i,e $49k to $50k a week, with net cashflow of $550,000 to $600,000. The current owners are willing to sell the real estate at the appriased value of 1.1 Mil. Total Value with the Real Estate and the Business together is $1.99 mil.Long term lease is available for 2 level 1500 sq.ft space for $8500.00 plus CAM for a qualified buyer.
All the trained staff is willing to stay at this location.
Cash Cow!!.A must see location!!
Great location that can be semi-absentee and absentee run for a potential buyer.
Do not miss this great opportunity!! Call Teddmin@ 1-732-896-1037 for more information.
PLEASE NOTE: In order to show the location , potential buyers will sign NDA with Photo ID and Proof of Funds No co-brokering, please .
xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
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 : teddminbb@gmail.com, please contact Teddmin@ 1-732-896-1037.


DETAILED INFORMATION
Location
Middlesex County, NJ
Inventory
Not Included in asking price
Employees
12
Facilities
Assets include all Equipments, furniture & fixtures, POS system, 3-catering vehicles.
Growth & Expansion
Great growth potential, Increase by utilizing the advertising media to grow sales. Minimal advertising is done now
Support & Training
Seller will provide complete training and support/ All Staff is willing to stay including the General Manager
Reason for Selling
Planning to retire after 32 years in business
Report an Issue with this listing
profile-img
Sanjay
K. Gupta
logo-img
Sanjay K. Gupta