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Business for Sale Summary

Pizzeria for Sale in New Jersey - 36288

Business Type: other eating & drinking places,other food stores,restaurant/ cafes/ diners,pizza parlour
Pizzeria for Sale in New Jersey
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Financial Information (non-confidential)

General Information
Asking Price $305,000 Down Payment $305,000
Gross Revenues $700,000 Lease Remaining Register Free to View
Owner’s Cash Flow $175,000 Number of FT Employees Register Free to View

Financing

$305,000 Down and

Business Description

Absentee Owned, Turn-Key Solution, and Management in Place. In business for 37 years, this multi-store owner of pizzerias has built and sold 12 of his 14 locations and is now selling the remaining two. This Monmouth County pizzeria is a new, scaled down and more efficient version of other pizzerias at only 2,000 sq. ft. In operation for almost one year, the business has been very profitable from the outset operating at an EBITDA of more than 20% of current sales and promises nearly 40% of future sales. It has limited seating and is run by a full staff of management, chef and attendants covering the hours of 11am to 10pm Mon-Sat., and 11am to 9pm Sunday. New lease, new ovens, new kitchen, management-in-place, this is truly a turn-key operation waiting for you. Please call Gerald Nimberg, Senior Business broker, Vested Business Brokers at 646-269-4616.

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Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

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.