Seller Financing- Pizzeria Restaurant- Buy or Lease Property

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Asking Price:
$325,000

Gross Revenue:
$858,000
Cash Flow:
$212,604
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

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Business Description

Turnkey restaurant with strong and steady take out sales. 90% of revenue is pick up / delivery. Unique opportunity to purchase a highly profitable BYOB restaurant in a great location in Monmouth County.

This business operates from a standing building with parking lot and plenty of street parking.

Purchase business- LEASE or BUY property.

SELLER FINANCING AVAILABLE for Business

Suggested Finance Structure for Business:
$225,000 down
$100,000 seller financed @ 6% - 4 year term.

ATTRACTIVE LEASE AVAILABLE- 10 year
Years 1 through 4: $5,000/ mo (ALL IN)
Year 4 through year 10: $6,000 / mo.
No annual increases

Located in the center of 4 densely populated Monmouth County neighborhoods for decades. All within a 1/4 mile.

Business is steady and very busy during holidays with catering accounts.

Seating for 42 patrons.

No advertising is being done and the business does NOT participate in online food ordering services such as Slice, Doordash, Grubhub- most of the competition in the area does. This is a HUGE growth area.

Excellent online reviews.

Sale includes a truck which acts as a “Billboard" for this business.

Full equipment list is available with signed NDA.

Selling due to retirement and focusing on other family businesses.
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We are always in search of quality businesses for our buyers. If you're a business owner thinking of selling your business, please email or call us: mike@njbrokerplus.com - 201-745-3976

About the Business

Location:
Monmouth County, New Jersey
Year Established:
1983
Number of Employees:
11
Real Estate:
Leased
Building Sq. Ft.:
2,600
Rent:
$5,000.00 Per Month
Facilities:
Located in the center of 4 densely populated Monmouth County neighborhoods for decades. Operates from a standing building with parking lot and plenty of street parking.
Growth & Expansion:
No advertising is being done and the business does NOT participate in online food ordering services such as Slice, Doordash, Grubhub- most of the competition in the area does. This is a HUGE growth area.
Contact the Seller

About the Sale

Reason For Selling:
retirement after 35 successful years in business
Training/Support:
up to 4 weeks

Listing Info

ID:
1642139
Ad Detail Views:
0

Attached Files Attachment Disclaimer

  Non Disclosure Agreement NJBroke... (172 KB)
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Business Listed by

Mike Janis

NJ Brokers Plus LLC.

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