RARE! Be your own Landlord-Essex County Pizzeria $280K & R.E.option
Business Description
Successful, turnkey operation with strong local following. Purchase the business alone or acquire both the business and the real estate for a long-term investment opportunity
TYPE OF BUSINESS: Long Standing , Highly rated Casual Successful Greek Pizzeria & Roast Beef
LOCATION: Essex County, highly visible, high traffic count, parking lot for 16 cars w nearby parking for overflow
SELLING PRICE: $280,000 Down payment: 50%
SALES VOLUME: $14k & growing Take-out : 80% Delivery:20%
LEASE: $4000. 5 years & (2) 5 year options NNN: Taxes- See LEASE
SQUARE FOOTAGE: approx.1510 sq. ft. Good work flow,
BASEMENT: Fully Utilized & perfect for catering, w large prep table, more equipment, office
BATHROOMS: 2 very clean bathrooms up & down
SEATING: 20 seats
NO. OF EMPLOYEES: 3 F.T. 1 P.T.(+ 2 owners)
DAYS/HOURS OF OPERATION: Monday-Thursday 11 am-8 pm,
Friday 11am-9 pm, Saturday 11 am-8 pm
COMMENTS/OTHER:
Turnkey Operation
Highly Visible Location
High Traffic Count
All equipment included
Potential Growth-increase catering, expand hours
Recently renovated - equipment in excellent working order , repainted, & some recently new or updated equipment such as a ductless heat/air conditioner, hood motor, ovens, refrigerators, freezer, grill, other
REAL ESTATE OPPORTUNITY: Price: Current Market Value-TBD 2 connected Lots Total area :6,098.4 sq. ft. Zoning: LB (local business). Land Use: Mixed-Commercial, Office, Residential
Lot 1-Building-&business
Lot size: 2,178 sq. ft., Building size: 1510 sq. ft.
Lot 2-Parking Area. Lot size: 3,920.4 sq. ft. Yr. Built : 1964
ALL INFORMATION FURNISHED BY SELLER; & BELIEVED TO BE ACCURATE; VERIFY w/ OWNER; SUBJECT TO ERRORS & OMISSIONS; INTEGRITY BROKERS DOES NOT CERTIFY OR GUARANTEE THIS INFORMATION
TYPE OF BUSINESS: Long Standing , Highly rated Casual Successful Greek Pizzeria & Roast Beef
LOCATION: Essex County, highly visible, high traffic count, parking lot for 16 cars w nearby parking for overflow
SELLING PRICE: $280,000 Down payment: 50%
SALES VOLUME: $14k & growing Take-out : 80% Delivery:20%
LEASE: $4000. 5 years & (2) 5 year options NNN: Taxes- See LEASE
SQUARE FOOTAGE: approx.1510 sq. ft. Good work flow,
BASEMENT: Fully Utilized & perfect for catering, w large prep table, more equipment, office
BATHROOMS: 2 very clean bathrooms up & down
SEATING: 20 seats
NO. OF EMPLOYEES: 3 F.T. 1 P.T.(+ 2 owners)
DAYS/HOURS OF OPERATION: Monday-Thursday 11 am-8 pm,
Friday 11am-9 pm, Saturday 11 am-8 pm
COMMENTS/OTHER:
Turnkey Operation
Highly Visible Location
High Traffic Count
All equipment included
Potential Growth-increase catering, expand hours
Recently renovated - equipment in excellent working order , repainted, & some recently new or updated equipment such as a ductless heat/air conditioner, hood motor, ovens, refrigerators, freezer, grill, other
REAL ESTATE OPPORTUNITY: Price: Current Market Value-TBD 2 connected Lots Total area :6,098.4 sq. ft. Zoning: LB (local business). Land Use: Mixed-Commercial, Office, Residential
Lot 1-Building-&business
Lot size: 2,178 sq. ft., Building size: 1510 sq. ft.
Lot 2-Parking Area. Lot size: 3,920.4 sq. ft. Yr. Built : 1964
ALL INFORMATION FURNISHED BY SELLER; & BELIEVED TO BE ACCURATE; VERIFY w/ OWNER; SUBJECT TO ERRORS & OMISSIONS; INTEGRITY BROKERS DOES NOT CERTIFY OR GUARANTEE THIS INFORMATION
About the Business
- Years in Operation
- 15
- Market Outlook / Competition
- Priced competitively . The business is also in great shape..
- Opportunities for Growth
- Plenty of growth opportunities by increasing the catering, adding more third-party deliveries, extending the hours
Real Estate
- Owned or Leased
- Owned
- Not included in asking price
About the Sale
- Seller Motivation
- Retirement
- Transition Support
- Owners are willing to have a serious buyer with an accepted offer spend time behind the counter to check out the business, more thoroughly and offering as much support as needed after the closing to ensure a buyer’s success in the business that’s done very well by them over several years.
- Financing Options
- 50% down
Listing Info
- ID
- 2523111
- Listing Views
Listing ID: 2523111 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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