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Modern Pizzeria Restaurant For Sale
Location: United States -> New Jersey -> Monmouth County
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)




Business Summary

Modern Pizzeria Restaurant. This a beautifully renovated, 2,100 sq. ft. space with full kitchen. along with the pizza ovens. They offer seating for 56, along with take-out and delivery. There are 4 F/T employees in the kitchen, along with 2 managers that could be replaced with one owner/operator (WHO DOES NOT HAVE TO COOK). They currently average $20,000/wk in sales, or approx. $1,404,000 annually, with a net cash flow of approx. $130,000.00 with an owner/operator who does no cooking. A buyer who is a chef or pizza man could cut down the kitchen payroll and take home even more income. The business has a fantastic location in a large shopping center with several major anchor stores and parking for over 100 cars. The space has a long term lease with 19 YEARS REMAINING at a rent of $6,000/mth. We are seeking a serious and financially qualified buyer with at least $312K in liquid funds to cover the downpayment and rent security. To learn more, please call Mel Vaz today at 1-877-735-5224. ALL SITE VISITS MUST BE DISCREET. PLEASE DO NOT MENTION THE SALE WHEN VISITING THE LOCATION.

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 call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.


Financials

Asking Price Range:  $250K - $500K
Gross Revenues:   $1,040,000
Cash Flow:   $130,000
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Yes

About The Business

Year Established:  2010
Number of Employees:  4 - 5
Relocatable:  Not Disclosed
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Sale

About The Sale

Management Training and Support:  Seller will train buyer.
Reason For Selling:  Partnership split.

Photos

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Modern Pizzeria Restaurant For Sale Photo 1 Modern Pizzeria Restaurant For Sale Photo 2




Print Listing Id: 700286190
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Related Searches: Catering Services  >  Food Production and Packaging  >  Grocery and Supermarkets  >  Liquor Stores  >  Restaurants and Fast Food (Non-Franchise)  >  Vending Machines  >  Other Food and Beverage  > 

Also See: Franchise Opportunities > Franchise Resales > New Jersey Businesses For Sale > New Jersey Franchises For Sale > New Jersey Business Brokers



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