This well-known neighborhood pizzeria and Italian restaurant provides eat-in/take-out/delivery services to the local community in central New Jersey. The company has experienced stable revenue growth since 2010 and enjoys significant operating margins and documented profitability. The sellers' 2,000 SF facility is conveniently located in a prime residential and commercial neighborhood with a very attractive/flexible lease (5 year option in 2015).
This highly respected establishment enjoys a competitive advantage through its tremendous history, reliable service and reputation for fine food. In addition, the restaurant's long-standing community involvement has produced a strong brand loyalty among families and businesses alike. There is solid economic development (commercial and residential construction) in the immediate area which should offer significant growth opportunities moving forward.
The company has been fully reviewed and conservatively appraised by a well-known national valuation firm at 2.8x EBITDA (ttm). A full valuation report by a national valuation firm is included in the prospectus. There is little debt to be assumed and the deal includes $60k in tangible assets. The business is pre-qualified by an SBA lender subject to buyer's financials, and by implementing the proposed deal structure an owner operator will obtain more than $100k benefit in after-acquisition-debt cash flow - over 90% ROI in year #1.
A comfortable six months transition period will be provided by an owner who truly wants to continue to see his business flourish. A very well trained and highly qualified team will stay in place and support the new owner in all aspects of the business. (ALL DATA BASED ON SIGNED TAX RETURNS)