Magnificent Pizza Restaurant

Newark, NJ (Essex County)

Magnificent Pizza Restaurant

Asking Price:$200,000

Cash Flow:$109,622

Gross Revenue:$361,800

EBITDA:$109,622

FF&E:$60,000

Inventory:$6,000*

Established:26

*not included in asking price.

Magnificent Pizza Restaurant

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Business Description

This is truly a rare opportunity to own this magnificent pizza restaurant located in downtown Newark, surrounded by Penn station, many corporate office buildings, UMDNJ, and universities. Over 30% of revenues are derived from catering. Since they are in a business district, their hours are relatively short. Please contact TBC Business Brokers for more information. tbcpearl@aol.com

Detailed Information

Inventory:
Not included in asking price
Employees:
4
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
1,500 SF, A beautiful facility, surrounded by many large corporate buildings, universities, NJ Penn station.
Growth & Expansion:
Owner will share many proposed growth opportunities with the new owner.
Support & Training:
Owner will train

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Philip Pearl, CPA

Business Listed By:
Philip Pearl, CPA

TBC Business Brokers

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