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Italian Restaurant / Pizza Place - New Jersey Gold Mine
Location: United States -> New Jersey
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)




Business Summary

Central New Jersey-area Italian Restaurant / Pizza Place for sale. Fully Equipped. Turn-Key. High gross and GREAT NET. Great central New Jersey location, lots of younger people and older people living in the area. 1/4 mile from New Jersey's busiest road. Seating Capacity is 100 (will accomodate more, however). 3,300 square feet, Full Kitchen Set-up, Full Dinning area and a full Pizza Parlor section, Plus a Storage and office area. Huge Parking area, Located in Shopping Center with 6 other stores. Been in business for 4+ years. Growing Number's each year. This is a good opportunity for someone who is just starting out or someone who has been in the food business. We have a Great customer base for lunch and dinner. 7.5 years remain on the lease, But Landlord will give you a new 10 year lease if you would like. Lease is $3,400 with taxes and maint. chargers included in that per month. I have a 3 page list of equipment that is in the restaurant that I will email to you at any time. We have had many radio and newspaper's do great write-up's on us over the past 3 years. This store is very well-known in the area. Open 7 days a week with DEV. The real estate is NOT included in the sale price. It is located in a shopping center. The landlord is great never had a problem with him. . I will help the new owner get started for 3 weeks. There is nothing that needs to be done at all. Great staff that is willing to stay if new owner wants. This Restaurant is 15 minutes away from one of New Jersey's best resort towns. priced to sell fast moving out of state. 300,000 848-992-7417


Financials

Asking Price Range:  $250K - $500K
Gross Revenues:   $780,000
Cash Flow:   $160,000
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Yes

About The Business

Year Established:  2001
Number of Employees:  10 - 19
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased

About The Sale

Management Training and Support:  2 Weeks
Reason For Selling:  Moving




Print Listing Id: 70010074
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Related Searches: Catering Services  >  Food Production and Packaging  >  Grocery and Supermarkets  >  Liquor Stores  >  Restaurants and Fast Food (Non-Franchise)  >  Vending Machines  >  Other Food and Beverage  > 

Also See: Franchise Opportunities > Franchise Resales > New Jersey Businesses For Sale > New Jersey Franchises For Sale > New Jersey Business Brokers



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