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Pizzeria And Restaurant In New Jersey For Sale

New Jersey
Asking Price:
$795,000
Sales Revenue:
$1,700,000
Cash Flow:
$340,000

High-volume brick oven pizzeria and restaurant for sale. *PRICE REDUCED* Over 30 years in business! This location is a spacious 3,800 sq. ft, with a full kitchen, and seating for 80 inside, and 20 on the outside patio. There are 18 years left on the current lease, at a rent of only $5,600/month (incl. a 1,000 sf storage trailer in back, garbage and water). In the past year, the business grossed $1,700.000, with a cash flow of approx. $340,000. The business is fully-staffed. There is still upside in adding a liquor license. We are seeking a serious and financially-qualified buyer with at least $425K in liquid funds to cover the down payment, plus funds for working capital and inventory. To learn more.All site visits must be discreet. Please do not mention the sale when visiting the location.

For more information on this listing.

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Property information

Real Estate:

Lease

Business Operation

Reasons for selling:

Moving/Retiring.

Employees:
10

Other Information

Support & training:

Yes

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

425,000.00 Down & $370K over 4 yrs. @ 6%for a qual. buyer with collateral)

Furniture / Fixtures value:
$125,000
Inventory / Stock value:
$7,000

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