Business For Sale

Established Pizzeria in Monmouth County, NJ 31241

Not Disclosed, NJ
Monmouth County


Asking Price: Annual Revenue:
$75,000 $150,000

Food & Beverage: Production - Bakery, Farms, Winery


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RE: Established Pizzeria in Monmouth County, NJ 31241 Broker: Gerald Nimberg

Quick Facts

Asking Price: $75,000
Annual Revenue: $150,000
Net Profit: Not Disclosed
Cash Flow: $60,000
Total Debt: Not Disclosed
FF&E: $35,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 2
BBN Listing #: 95994447
Broker Reference #: 31241

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Business Overview:

This is a steal deal; first come, first served. 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. Up 40% over the previous year, 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. Undertaken throughout this past year, the results of these efforts are not yet fully reflected in its last 12 months financial statements; however, CY 2018 will show the full benefit of ownership efforts along with anticipated growth from the second and potentially third school. 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.

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Reason for Selling:

Other

Additional Details:

  • The property is owned.
  • The owner is not willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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Disclaimer:

The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.


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