Established 20 Years Neighborhood Pizzeria & Italian Restaurant
Listing Number: 6301-495130
Listing Details
Established 20 Years Neighborhood Pizzeria & Italian Restaurant
Price: $550,000
Location: Passaic County, New Jersey
- Down Payment: $400,000
- Sales: $1,426,600
- Seller's Discretionary Earnings: $288,585
- Inventory: $6,000
- Furniture, Fixtures, and Equipment: $0
- Rent: $3,000
- Employees: 10
- Year Established: 2006
- Reason for Selling: Other business interests and wants out of the food business
Business Description
Neighborhood staple- pizzeria and Italian restaurant derived primarily by self-generated takeout, and delivery services. Minimal 3rd Party delivery which yields a much higher net profit. The owner has been in the pizzeria business his entire life and has created different income streams that he wants to pursue full time. He is willing to stay through transition as needed. Very clean store with equipment in very good condition. Excellent staff can run the business with minimal oversight.
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