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Listing No.: 206-00016
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Category: Food - Pizza, Food - Restaurant, Service - Commercial B2B
| Asking Price | $699,000 |
| Down Payment | |
| Gross Revenue | $836,157 |
| Total Adjusted Net Income | $362,731 |
| Equipment / Fixtures | $20,000 |
| Year Established | |
| General Location |
Over 50 years in the business, Family owned and operated, this pizzeria has been a central landmark location for many people in Jersey City. Located in a very affluent area, with high walking and drive-by traffic. This is a very unique opportunity to invest in a 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 | $836,157 | Listed Price | $699,000 |
| Total Income | $362,731 | Down Payment |
| Base Rent | $3,300 | Square Feet | 1300 |
| Total Rent | $3,600 | Lease Expiration | 01/2026 |
| Rent Deposit | $3,300 | Lease Options | 1 / 7 years |
| Inventory | $6,500 | Leasehold Improvements | $0 |
| Equipment / Fixtures | $20,000 | Other Assets |
| Full-Time Employees | 5 | Training Period | 30-45 days |
| Part-Time Employees | 3 | Special License Required | food safety |
| Contract Staff | 3 | Reason for Selling | Explore other business interests |
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.