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Business for Sale

Pizzeria & Restaurant for Sale in Ocean County, NJ
Ocean County, NJ

Listing #30323

   
Financial Information (non-confidential)
Asking Price $499,000.00 Gross Revenues $1,500,000.00
Down Payment $250,000.00 Owner’s Cash Flow $275,000.00

Financing: $250,000.00 Down and $249K over 4 yrs. @ 7% (for a qualified buyer with collateral)

Reason for Selling:Moving/Retiring.

High-volume brick oven pizzeria and restaurant for sale. Over 30 years in business! Poised for a great bounce back this year. This location is a spacious 3,800 sq. ft, with a full kitchen, and seating for 80 inside, and 20 on the outside patio. There are 10 years left on the current lease, at a rent of only $6,400/month (incl. a 1,000 sf storage trailer in back, garbage and water). The business is fully-staffed. There is still upside in adding a liquor license. We are seeking a serious and financially-qualified buyer with at least $395K in liquid funds to cover the down payment, plus funds for working capital and inventory. All site visits must be discreet. Please do not speak with anyone when visiting the location. All meetings must be scheduled by appointment only! To learn more, please contact the broker, David Bock at 610-304-0559.

In addition, please register with the listing number above by going to vestedbb.com, enter this number into the search bar, expand the listing, click on “view free financials”, fill out the short contact form and you are registered. This is our electronic non-disclosure agreement.

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.
David Bock
Senior Business Broker
610-304-0559
dbock@vestedbb.com
Servicing Area:
Montgomery County, PA
Bucks County, PA
Camden County, NJ
New Castle County, DE
David Bock

Disclaimer: The information in these listings have been provided by the Seller and Vested Business Brokers, Ltd. has not independently verified this information and has no responsibility for its accuracy or completeness. Vested recommends that you consult with an accountant, attorney and other professionals to represent and assist you in any transaction. Vested's associate brokers will arrange a meeting between you, your representatives and the Seller, but is not authorized to make any representations or warranties. You agree to hold Vested and its associated brokers harmless of any misrepresentations made by seller.

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