PIZZERIA NETS $380,000. PZZA782

Price: $795,000

Location: Ocean, New Jersey

Industry: Pizza

Listing ID: PZZA782

Super high-volume pizzeria with 2021 gross sales of $1,860,216 and a net yearly income of $380,526 based on 70% representing delivery and catering services. The owner is now retiring after many years of success in this food service industry. The company has an assignable, long-term lease with a Very modest yearly rent expense. This is a most unusual safe business opportunity, based on the asking price, required down payment for owner financing and yearly net income, this business expects to supply a consistent return on investment. This is a twenty-year-old full-service pizzeria. For Qualifications purposes; this business opportunity does not require any specific State government licensing approval to purchase or operate other than the standard required municipal licenses.

Listing Details

Revenue: $1,860,216

Cash Flow: $380,526

FFE: $170,000 (Included in Price)

Inventory: $2,500 (Included in Price)

Reason For Sale:

The purpose of this business transaction is due to the owner retirement after many years of success in this food industry.

Training & Support:

Training and owner support, the owner is fully prepared to remain post-closing and is prepared to supply an appropriate transitional period to purchaser.

Summary

Owner Qualifications:

seller financing may be available to a qualified buyer with an appropriate down payment, collateral, and credit rating.

 

Competition:

Regarding competition, to the best of our knowledge, no other new competitors are expected near to this business. Additionally, the owner has agreed to supply an appropriate non-compete agreement to the purchaser.

Potential Growth:

Regarding growth and expansion, the retail company can be further developed by improving the marketing system and local advertising to increase delivery and catering. Additionally, the company has a limited non-optimized web site and if adjusted can further develop the business yearly gross sales.

Ron Cervelli

contactus@regalconsultants.com

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