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Business for Sale Summary

Local Pizzeria - 26558

Business Type: other eating & drinking places,other food stores,pizza parlour,restaurant/ cafes
Local Pizzeria
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This business has received 18 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $165,000 Down Payment $75,000
Gross Revenues $400,000 Lease Remaining Register Free to View
Owner’s Cash Flow $60,000 Number of FT Employees Register Free to View

Financing

$75,000 Down and 90,000 at 6% over 60 Months

Business Description

Well established local pizzeria located at busy intersection in Ocean County. Current owners have operated this establishment for the past 3 years. Reason for sale is that current owners have two locations and would like to concentrate on their original location. This pizzeria does a robust lunch business due to its location and proximity to a number of towns surrounding the location, in addition to good dinner business. Further opportunities have been untapped, I.E. nearby military base, college and large hospital. Rent is very favorable which includes trash, CAM,and triple net and an amenable landlord. This is an excellent opportunity for a first time buyer or someone who'd like to add location. Please call 1-877-735-5224 for further information.

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.