Desirable Pizzeria 32141

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Great potential!
Asking Price:
$75,000

Gross Revenue:
$150,000
Cash Flow:
$60,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

Real Estate:
 Not Disclosed

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Business Description

This is a steal deal; first come, first served.
LONG LEASE, SELLER FINANCING, LOVELY SHORE SETTING, PRICED TO SELL.
Located in a trendy, growing, shore community in Monmouth County, New Jersey, this pizzeria is priced for immediate sale. The asking price is barely more than one-times earnings, $75,000 vs. $60,000 net and there is more business and profits in the offing. And, now Seller financing is available.
This pizzeria is growing faster than the population growth thanks to (i) social media advertising; (ii) the ownerships efforts to distinguish and improve upon the taste of its offerings dough and sauce are made from scratch, basil is home grown, cheese is shredded fresh onsite,..etc; (iii) by making a far more inviting store to shop and dine in through elimination of the clutter and the 70s style shop that marked the prior store; (iv) by opening for lunch, and by adding a second and soon a third school to its list of significant accounts.
The growth in business has offset the reduction in hours; the pizzeria is now open 5 days per week. And, further growth is anticipated from additional school business. Moreover, the shop has the space to add ice cream and gelato and, finally, it has the kitchen equipment, stove, exhausts etc. to make burgers and sandwiches should a Buyer decide to drive sales and profits in that manner. All of which can be accomplished without adding fixed costs or leasehold improvements.
Enjoying their success, father and son now seek to apply their talents to other endeavors.
Please contact the broker for further information. This will not last!

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Listing Info

ID:
1625133
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Business Listed by

Vested Business Brokers, Ltd

Vested Business Brokers, Ltd

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U.S. Census Data for Monmouth County, NJ
Age

Gender

Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Monmouth County, NJ
Income

Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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