Modern Pizzeria Restaurant For Sale

www.GlobalBX.com

Listing ID: 700286190

Listing Title: Modern Pizzeria Restaurant For Sale

Quick Link: http://www.globalbx.com/listing.asp?bId=286190

Industry: Food and Beverage

Industry Segment: Restaurants and Fast Food (Non-Franchise)

Country: United States

State / Province: New Jersey

Area

City: Monmouth County

Asking Price Range: $250K - $500K

Gross Revenues: $1,040,000

Cash Flow: $130,000

Cash Flow Type: Sellers Discretionary Cash

Year Established: 2010

Number of Employees: 4 - 5

Business Description:
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.



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