Absentee Run Profitable Iconic Pizzeria doing $ 27k to $28K in NJ

Asking Price$590,000

Cash Flow
$275,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,300,000

Inventory$10,000
Not included in asking price
FF&ENot Disclosed

Real EstateNot Disclosed

listing imageSave

Absentee Run Profitable Iconic Pizzeria doing $ 27k to $28K in NJ


Asking Price$590,000

Cash Flow
$275,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,300,000

Inventory$10,000
Not included in asking price
FF&ENot Disclosed

Real EstateNot Disclosed


Seller Financing Available
Business Description
(Profitable main street business with great growth potential!)
Absentee run long established 3000 Sq. ft profitable iconic pizzeria and restaurant has just come in the market within a busy shopping complex in Middlesex County, NJ. This location is famous for its pizzas,subs, delivery & catering over the years.This location offers freshly made choice of pizzas, pastas, hot wraps, cold wraps,paninis, baked dishes, soups, subs, salads & desserts. All the foods is made using only highest quality and freshest ingredients. This location is famous for its delivery and catering orders to residential and corporate clients that include pizza parties, birthday functions, anniversary functions, business lunches, hospital meetings & school functions. This location does more than $1.3 million a year,i,e $27k to $28k a week with net cashflow of $265K to $275K. Current partners are willing to sell but all the trained staff is willing to stay at this location.Long term lease is available for a qualified buyer. Great location that is 100% absentee run by current owners, this place offers flexibility for those seeking to manage their time effectively while earning a substantial income . A great location that can be managed as semi-absentee and absentee run business by an experienced bakery professional. PLEASE NOTE: In order to show the location, potential buyers will sign NDA with Photo ID and valid P.O.F. No co-brokering. Do not miss this great opportunity!!
Please call to discuss ........................(732) 896-1037
xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
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 contact us : teddminbb@gmail.com, please contact Teddmin@ 1-732-896-1037.
About the Business
Years in Operation
25
Employees
8 (6 Full-time, 2 Part-time)
Facilities & Assets
Assets include fully equipped kitchen with oven, freezer, hood, grill and all furnitures, fixtures and pos system.
Website
https://www.bizbuysell.com/brokers/Listings/
Opportunities for Growth
Great growth potential, Increase by utilizing the advertising media to grow sales. Minimal advertising is done now
About the Sale
Transition Support
Seller will provide complete training and support to the qualified buyer
Financing Options
80% down and balance in 24 months for a qualified buyer
Listing Info
ID
2440980
Listing Views

Contact Seller

By clicking the button, you agree to BizQuest's Terms of Use and Privacy Notice.

Business Listed by: Sanjay Gupta Tedd Min LLC

Listing ID: 2440980 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


Similar Listings
Pizza Factory
$90,000Pizza FactoryFeatured Franchise