Pizzeria for Sale in New Jersey

Monmouth County, NJ
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Asking Price:$305,000
Gross Revenue:$700,000
FF&E:$250,000
Cash Flow:$175,000
Inventory:$7,000
Established Year:2022
BUSINESS DESCRIPTION

Pizzeria for Sale in New Jersey

LISTING ID # 36288

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.


DETAILED INFORMATION
Location
Monmouth County, NJ
Inventory
Not Included in asking price
Employees
5
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Support & Training
Seller will train
Reason for Selling
Flipping
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Vested
Business Brokers, Ltd
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Vested Business Brokers, Ltd