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Pizza Restaurant In Camden For Sale

Camden, New Jersey
Asking Price:
$1,100,000 (USD)
Sales Revenue:
$800,000 (USD)
Cash Flow:
$240,000 (USD)

High volume Pizzeria over 15000 weekly sale is available to purchase with the property. It is located in an active area of Camden County, New Jersey. Property is a Single standing building, about 3400 Sq ft with 13 parking space. It is a long established business more then 40 years old. The price has been set very competitively and based on fair market value. The business is located on an active commercial avenue with continued demand for this popular food service. This business has five full time and six part time employees who are unaware of the pending sale and fully expected to remain post closing, monthly payroll of approximately $18,000. The business is active seven days per week, with hours from 10:00 am to 10:00 PM. The business fixed assets has an estimated value of approximately $75,000 which is based on equipment replacement cost. Based on the asking price and yearly net income, this business expect to supply a consistent investment return to the owner operator.The cash flow noted is for an owner/operator working 50 hrs/wk taking NO salary and before debt service. Please do not disturb business, this sale is absolutely confidential, all viewings are by appointment only.

Property information

Real Estate:

Lease

Size in square feet:
3400 Sq/Ft

Business Operation

Employees:
5 F/T 6 P/T
Years established:
50 Years

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