Asset Sale: Pizzeria
Location New Jersey,United States
Asking Price Range < $250K
Gross Revenues $572000
Net Profit / Cash Flow $181400
Cash Flow Type EBITDA
Seller Finance No
Year Established 2010
Number of Employees 4 - 5
Inventory 5000
Relocatable No
Number of Employees 4 - 5
Real Estate Owned
Training 2 Weeks Training Provided
Reason for Sale Wants to work near home
Description ~Owner Retiring and is VERY Motivated~ ASSET SALE- restaurant was opened three years ago and is located on a heavily trafficked highway in a strip shopping plaza surrounded by major discount department store in Morris County. The cost to build the pizzeria was $500,000. The owner has been in the business for 55 years and is tired and wants to retire, he will stay on for a period to train the new owner to bake the best Pizza. Buyer must have restaurant experience! Seller will help with financing.
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