MergerPlace

Popular BYOB Italian Restaurant in NJ

New Jersey (Atlantic)


  • Asking Price: $525,000
  • Gross Income: $1,297,053
  • Cash Flow: $173,399
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $220,000
  • Listing ID: #203679
  • Established: 2015
  • Employees: 10 FT/10 PT

Business Description

A popular BYOB Italian Restaurant in Atlantic County, NJ. This restaurant provides casual Italian and Wood Fired Pizza in rustic atmosphere. Private dining rooms are also available, as well as an on site Italian Market. This Restaurant continues to grow in sales each year!


Business Details

Primary Business Category: Restaurants, Bars & Other Food Services
Location: New Jersey
County: Atlantic

Company Information

Year Established: 2015
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 10 FT/10 PT

Financial Information

Asking Price: $525,000
Gross Revenue: $1,297,053
Cash Flow: $173,399
FF&E: $220,000
Seller Financing Available: No

Property Information

Facilities:

The business is located in a Strip Center. It is surrounded by a high traffic commercial and business district, as well as a residential community.

Growth & expansion opportunities:

Delivery, catering and marketing to the local pharmaceutical businesses could increase profits.

Competition:

There are several other restaurants nearby.

Reason for selling:

Owner is moving.

Support & Training:

Will train for 2 weeks @ no cost.

Contact Business Seller

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Business Listed By:

Joe Chiarello

Murphy Business Brokers