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Business for Sale Summary

Established Pizzeria in Monmouth County, NJ - 31241

Business Type: pizza parlour
Established Pizzeria in Monmouth County, NJ
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Financial Information (non-confidential)

General Information
Asking Price $75,000 Down Payment $75,000
Gross Revenues $150,000 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

Business Description

This is a steal deal; first come, first served. Located in a trendy, growing, shore community in Monmouth County, New Jersey, this pizzeria is priced for immediate sale. The asking price is barely more than one-times earnings, $75,000 vs. $60,000 net and there is more business and profits in the offing. Up 40% over the previous year, this pizzeria is growing faster than the population growth thanks to (i) social media advertising; (ii) the ownerships efforts to distinguish and improve upon the taste of its offerings dough and sauce are made from scratch, basil is home grown, cheese is shredded fresh onsite,..etc; (iii) by making a far more inviting store to shop and dine in through elimination of the clutter and the 70s style shop that marked the prior store; (iv) by opening for lunch, and by adding a second and soon a third school to its list of significant accounts. Undertaken throughout this past year, the results of these efforts are not yet fully reflected in its last 12 months financial statements; however, CY 2018 will show the full benefit of ownership efforts along with anticipated growth from the second and potentially third school. Moreover, the shop has the space to add ice cream and gelato and, finally, it has the kitchen equipment, stove, exhausts etc. to make burgers and sandwiches should a Buyer decide to drive sales and profits in that manner. All of which can be accomplished without adding fixed costs or leasehold improvements. Enjoying their success, father and son now seek to apply their talents to other endeavors. Please contact the broker for further information at 1-877-735-5224.

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.