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#Business ID: 20297

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Pizza Restaurant

Business Location: Passaic, New Jersey, United States

Asking Price: $ 180,000 Revenue: $ 385,000 Cash Flow: $ 86,386

Business Summary

Located in a strip mall at the intersection of two of the towns busiest thoroughfares. The mall is surrounded by hundreds of densely populated garden apartments as well as street after street of single family homes. Always plenty of parking with easy in and out in any direction. Current owner only works lunches. Full time working owner will mean a substantial decreasing payroll. Deliveries on the upswing. Furniture, fixtures, and equipment, valid at $35,000. Some constant advertising could take this sleeper to new highs.

For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

Additional Details:

The property is owned.
This is not a homebased business opportunity.
This is not a franchise resale opportunity.

Property Details

Years Established:

1978

Property Type:

Lease

FF&E:

$ 35,000

Other Business Details

Premise Details:

1,400 square feet, adequate furnishings, huge parking lot, established 35 years. Current owner 4 years time condition, lease one year with 5 year option.

Competition:

Competition - Average. Expansion - Always possible.

Business Operation Details

Employees:

3

Support & Training:

The owner is willing to train/ assist the new owner.

Miscellaneous Details

Financing Available:

Yes
$90,000 down, balance to be paid over 5 years @ prime + 2%

Reason For Selling:

Owner moving in new direction.

Contact this seller

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