Italian Restaurant in Great Location For Sale 12164

Location: New Jersey, United States
Category: Food and Beverage
Type: Established

Financials

Asking Price: $109,000
Cash flow: $71,500
Revenue: $338,000
Gross Income: Not Disclosed
Inventory: Not Disclosed
FF&E Not Disclosed
Real Estate: Not Disclosed

Business Details

Italian restaurant in up scale town surrounded by upper income communities, located
on the busiest through street. The restaurant has a chef, which would make this a
great opportunity for a chef or husband and wife or partners. The menu is not shy
charging anywhere from 14. to 22. dollars for a dinner and 7. to 12 for appetizers.
They already have 5 parties booked for February for a 140 people and they are the
only place in town that has outside seating approval for an additional 25 customers.
Inside they can seat 55 in 1400 SF with full basement that is used for prep. They also have some major accounts that guarantee catering for lunch. Chefs salary is 1000. a week this can be added to the current income providing that the new owner assumes the cooking.

General Information

Reason Selling:

Number of Employees: 6
Year Established: 2006