Owner Financing is Available!
Business Overview:
Well established neighborhood pizza and deli. Originally only a deli, the owner split the space and added a pizzeria 10 years ago with a separate entrance. Deli is 60% and Pizzeria is 40% of the business. Full equipped with handicap bathroom. Expansion of pizza business the biggest opporunity. Owner works open to close without staff. Cash flow adjusted for 40 hours of part time help to allow for business growth. Currently no advertising other than Yellow Pages and no delivery service. Ideal opportunity for family to run. Seller owns the building and is OFFERING FIRST YEAR UNDER MARKET RENT OF $1,100 PER MONTH with lease terms negotiable. Seller motivated to retire from the business and will consider all reasonable offers. Expenses based on 2008 tax return. Business is offered at $55,000, with a down payment of only $35,000 and owner will finance the $20,000 balance with terms to be negotiated. Contact Broker Paul Holveck at 908-851-9040 Ext. 277 for more details.
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.
Property Features and Assets:
900 square feet store with separate entrances for each business. Fully equipped with all equipment in good working order; street parking, advantageous rent.
Market Competition and Expansion:
Expansion - Develop catering business and add pizza delivery service
Reason for Selling:
Owner retiring after 30 years in the business
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
Resources: