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Well Established Pizzeria In New Jersey For Sale

New Jersey, US
Asking Price:
$305,000
Sales Revenue:
$700,000
Cash Flow:
$175,000

LISTING ID # 36288

In business for 37 years, this multi-store owner of pizzerias has built and sold all but two and is now selling one of his remaining two. This Monmouth County pizzeria is a scaled down version of his more common stores at only 2,000 sq. ft; It is a more efficient operation run by a manager, 2 Full-time and 2 part-time employees covering the hours of 11am to 10pm Mon-Sat., and 11am to 9pm Sunday. it provides seating for 35 and offers the same full menu of pizza, Italian food, and sandwiches to eat-in or takeout as the other stores. Despite being open less than 1 year, the business is very profitable from the outset operating at a profit rate of more than 25% of sales. New lease, new ovens, new kitchen, management-in-place, this is truly a turn-key operation waiting for you. Please call Gerald Nimberg, Senior Business broker, Vested Business Brokers.

Business Operation

Reasons for selling:

Flipping

Employees:
3 FT/2 PT
Years established:
1

Other Information

Support & training:

Seller will train

Furniture / Fixtures value:
$250,000
Inventory / Stock value:
$7,000