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Pizzeria & Restaurant In Ocean County For Sale

Ocean County, New Jersey, US
Asking Price:
$795,000
Sales Revenue:
$1,700,000
Cash Flow:
$340,000

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 17 years left on the current lease, at a rent of only $5,600/month (incl. a 1,000 sf storage trailer in back, garbage and water). In 2019, the business grossed $1,700.000.00, with a cash flow of approx. $340,000.00. 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.. To learn more, please call, text or email Mel Vaz today. All site visits must be discreet. Please do not speak with anyone when visiting the location. All meetings must be scheduled by appointment only!

If interested, please contact the seller through the form on this page.

For more information on this listing- copy and paste this link into your browser https://www.vestedbb.com/lid-30323 for instant access to this business information.

Business Operation

Reasons for selling:

Moving/Retiring.

Employees:
4FT/6PT
Years established:
1990

Other Information

Support & training:

Seller will train

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

395,000.00 Down & $400K over 4 yrs. @ 6% (for a qualified buyer with collateral)

Furniture / Fixtures value:
$125,000
Inventory / Stock value:
$7,000

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