Hot Listing

Established Pizza Restaurant for sale 30K weekly. Absentee ownership

Asking Price$799,000

Cash Flow
$300,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,500,000

Inventory$10,000
Not included in asking price
FF&E$500,000
Included in asking price
Real EstateNot Disclosed

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Hot Listing

Established Pizza Restaurant for sale 30K weekly. Absentee ownership


Asking Price$799,000

Cash Flow
$300,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,500,000

Inventory$10,000
Not included in asking price
FF&E$500,000
Included in asking price
Real EstateNot Disclosed

Business Description
Mike's Pizza is a well-established pizzeria strategically located on busy Route 22 in Union, NJ, serving the community since 2021. This thriving restaurant generates impressive annual revenue of $1.5 million with strong cash flow of $300,000, demonstrating consistent profitability and market demand.

BUSINESS HIGHLIGHTS:
• High-traffic location with excellent visibility and accessibility
• Diversified revenue streams through dine-in, takeout, and delivery services
• Strong weekly revenue averaging $30,000
• Loyal customer base established over three years of operation
• Proven absentee ownership model providing operational flexibility
• Team of 10 experienced employees ensuring smooth operations

OPERATIONS:
The restaurant features a fully equipped commercial kitchen with well-maintained appliances and equipment valued at $500,000. The business maintains strong operational systems supporting consistent service quality and efficiency across all revenue channels.

GROWTH OPPORTUNITIES:
Significant expansion potential exists in lunch business development and enhanced dine-in services. The prime location offers excellent potential for increased market penetration and revenue growth through strategic operational improvements.

FINANCIALS:
• Annual Revenue: $1,500,000
• Seller's Discretionary Earnings: $300,000
• FF&E Value: $500,000
• Inventory Value: $10,000
• Asking Price: $799,000

This turnkey operation represents an excellent opportunity for an investor seeking a profitable, established restaurant business in a strong market. The seller is motivated due to other business interests, making this an ideal acquisition for someone looking to enter the food service industry or expand their restaurant portfolio. The business demonstrates strong financial performance with a 20% cash flow margin, positioning it well within industry benchmarks for successful pizza operations.
About the Business
Years in Operation
4
Website
https://www.mikespizza.com
Opportunities for Growth
lunch business and dine in
About the Sale
Seller Motivation
other business interest
Listing Info
ID
2410465
Listing Views
183
Business Location

Contact Seller

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Business Listed by: Abs

Listing ID: 2410465 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.


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