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Jersey City

  • Listing Number: 206-21974

    Category: Food - Pizza

Asking Price $379,000
Down Payment $275,000
Gross Revenue $917,450
Total Adjusted Net Income $225,000
Equipment / Fixtures $20,000
Year Established 1967
General Location Jersey City
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55 years in the business, Family owned and operated, this pizzeria has been a central landmark location for the Jersey City community. Located in a very affluent area, with high walking and drive-by traffic. This is a very unique opportunity to invest in successful and established pizzeria, with an excellent location, and reputation that stands behind. Do not miss out on this opportunity. The Owner is looking to retire from the service industry and is motivated and willing to teach anyone who desires to acquire this Unique, lucrative opportunity.

Gross Revenue
$917,450
Listed Price
$379,000
Total Income
$225,000
Down Payment
$275,000
Base Rent
$3,300
Square Feet
1300
Total Rent
$3,600
Lease Expiration
06/2026
Rent Deposit
$3,300
Lease Options
1 / 7 years
Inventory
$6,000
Equipment / Fixtures
$20,000
Full-Time Employees
7
Training Period
4 weeks
Part-Time Employees
9
Special License Required
Food Safety
Reason for Selling
Seller owns another business

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

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