Business For Sale

Food Mart & Pizzeria

Not Disclosed, NJ
Passaic County


Asking Price: Annual Revenue:
$295,000 $680,000

Food & Beverage: Convenience Stores


Request More Information
Contact the Seller

RE: Food Mart & Pizzeria Broker: Ron Cervelli
Owner Financing is Available!
Can be available to a qualified buyer with an appropriate down payment.

Quick Facts

Asking Price: $295,000
Annual Revenue: $680,000
Net Profit: Not Disclosed
Cash Flow: $123,000
Total Debt: Not Disclosed
FF&E: $145,000
Real Estate: Not Disclosed
Year Established: 1997
Employees: 3
BBN Listing #: 84433909
Broker Reference #: CSTR192

Email, Print & Share

Request More Information
Contact the Seller


Business Overview:

Solid and successful business opportunity for this high-volume Convenience Deli & Pizzeria located in Northern New Jersey, Passaic County. The owner is relocating into a noncompetitive business out of the immediate area. The company has a yearly gross income of $680,000 and a consistent net yearly income of $123,000 based on an onsite owner operator. The pizzeria has limited hours and is active three days per week. The payroll is routinely based on an hourly basis, the staff is fully expected to remain post-closing, and the monthly payroll expense is approximately $8,700. Regarding employees and payroll, this retail company has three full / part time employees who are unaware of the pending sale. The business transaction has an assignable commercial lease which expires 2028-01-01, plus additional options available, with a monthly rent of $4,585, cost per square foot is estimated at $36.66, and rent security of approximately $8,000. This successful deli food mart business operation is active seven days per week, with hours from 7:00 am to 9:00 pm. This is a dependable safe business opportunity and based on the asking price, required down payment and yearly net income, this business expects to supply a consistent return on investment to the owner operator. Please do not disturb business, this sale is confidential, the employees are Unaware of the pending sale, all viewings are by appointment only and the photo does Not represent this particular business opportunity.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

This business opportunity is in Northern New Jersey, Sussex County. This general area consists of various businesses and highly populated communities with continued demand for this industry. The facility consists of approximately 1,500 square feet and has an attractive and modern appearance. The business is in an attractive mid-size commercial mall with various other active businesses.

Market Competition and Expansion:

Regarding competition, to the best of our knowledge, due to various circumstances, no other new competitors are expected near to this business. Additionally, the owner has agreed to supply an appropriate non-compete agreement to the purchaser. The business can be further expanded with a new operator, with an improved marketing plan, local advertising, delivery and web site which can further develop the business gross sales.

Reason for Selling:

Owner is relocating to alternative business.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

Documents:

Relevant Links:

Disclaimer:

The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.


Request More Information
Contact the Seller



BusinessBroker.net is one of the largest business for sale marketplaces in the world that connects tens-of-thousands of business buyers and sellers every month. Sell a Business Online or if you’re a broker or a commercial agent sign up for a Business Broker Membership today!