Modern Pizzeria Restaurant For Sale-30191

Not Disclosed, NJ
Monmouth County

Asking Price: Annual Revenue:
$375,000 $1,040,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Modern Pizzeria Restaurant For Sale-30191 Broker: Melvin L. Vaz
Owner Financing is Available!
$299,000.00 Down & $76,000 over 3 years @ 6%.

Quick Facts

Asking Price: $375,000
Annual Revenue: $1,040,000
Net Profit: Not Disclosed
Cash Flow: $130,000
Total Debt: Not Disclosed
FF&E: $150,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 4
BBN Listing #: 76184447
Broker Reference #: 30191

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Business Overview:

Modern Pizzeria Restaurant. This a beautifully renovated, 2,100 square feet space with full kitchen along with the pizza ovens. They offer seating for 56, along with take-out and delivery. There are 4 Full Time employees in the kitchen, along with 2 managers that could be replaced with one owner/operator (WHO DOES NOT HAVE TO COOK). They currently average $20,000/week in sales, or approximately $1,404,000 annually, with a net cash flow of approximately $130,000.00 with an owner/operator who does no cooking. A buyer who is a chef or pizza man could cut down the kitchen payroll and take home even more income. The business has a fantastic location in a large shopping center with several major anchor stores and parking for over 100 cars. The space has a long term lease with 19 YEARS REMAINING at a rent of $6,000/month. We are seeking a serious and financially qualified buyer with at least $312,000 in liquid funds to cover the downpayment and rent security. To learn more, please contact Mel Vaz today or email us. ALL SITE VISITS MUST BE DISCREET. PLEASE DO NOT MENTION THE SALE WHEN VISITING THE LOCATION.

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Reason for Selling:

Partnership split.

Additional Details:

  • The property is leased.
  • The owner is 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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