Business For Sale

Pizza & Italian Restaurant w/RE in Ocean City, NJ.

Ocean City, NJ
Cape May County


Asking Price: Annual Revenue:
$1,100,000 $989,900

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Pizza & Italian Restaurant w/RE in Ocean City, NJ. Broker: Eleanor Murray
Owner Financing is Available!
Seller Finance $200,000 @ 5% Term: 5/20.

Quick Facts

Asking Price: $1,100,000
Annual Revenue: $989,900
Net Profit: Not Disclosed
Cash Flow: $297,700
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: $800,000
Year Established: 1978
Employees: 12
BBN Listing #: 596417398
Broker Reference #: 1342

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Business Overview:

Pizza & Italian Restaurant w/RE in Ocean City, NJ. for Sale! Seats 60. Free standing building w/ rental unit - 2 Bedroom apartment upstairs w/deck. Valuable real estate. Net: $297,000. Nice corner property. Seller Finance $200,000 @ 5% Term: 5/20 - $200,000 down.

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Property Features and Assets:

Free standing building. Seats 60. Street parking.

Market Competition and Expansion:

Really great location in Ocean City. Beautiful corner property with w/ great kitchen. In an upscale neighborhood.

Reason for Selling:

Retiring

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.

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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.


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