Asking Price:

$249,900

Gross Income:

$500,000

Cash Flow:

$150,000

EBITDA:

$40,000.00

FF&E:

$50,000.00 *

Inventory:

$5,000.00 *

Real Estate:

N/A

Year Established:

1980

Employees:

6

Business Types:

Restaurants
Other Eating & Drinking Places

* included in the asking price

Business Description

This well established restuarant/pizzeria is a gem on the Jersey Shore. Owner has remodeled the entire place and
has been in place for at least 15 years. There is even an
apartment available for owners/employees for moderate
rent on site.

Detailed Information

Facilities:

3,000 square feet consisting of enclosed dining room which seats at least 90 people. All newly decorated with brand new paved parking lot. triple net lease

Competition:

This business is at least 15 years old and well established in a growing southern ocean town. Owner has had three succesful establishments locally over the last 30 years.

Growth/Expansion:

Can continue to grow thru more advertising. Can also grow banquet business.

Financing:

possible up to $100,000

Support/Training:

Seller will stay on for at least one month.

Reason Selling:

retirement