MergerPlace

Beautiful Established Restaurant

New Jersey (Bergen)


  • Asking Price: $500,000
  • Gross Income: $1,600,000
  • Cash Flow: Not Disclosed
  • Real Estate: Not Disclosed
  • Inventory: $12,000
  • FF&E: $200,000
  • Listing ID: #215258
  • Established: 2015
  • Employees: 28

Business Description

Looking to have your own Restaurant? Now is your chance. This brand new restaurant, offering Italian cuisine, opened in 2015. It is a dual model restaurant with an adjoining pizzeria. The pizzeria offers dine-in, take-out, delivery and catering of our entire menu which includes healthy options such as gluten free pizza and pasta. Our restaurant, a BYOB, consists of two rooms - a party room which seats up to 38 and our main dining seats up to 80. Both rooms are available for private events and can accommodate two parties simultaneously. The private events include luncheons, business meetings, and year-round private parties (birthdays, bridal and baby showers, engagements, etc.) The restaurant has a very loyal following in the community and is open for lunch 5 days a week and dinner 7 days a week.


Business Details

Primary Business Category: Retail Trade - Food & Beverage Stores
Location: New Jersey
County: Bergen

Company Information

Year Established: 2015
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 28

Financial Information

Asking Price: $500,000
Gross Revenue: $1,600,000
FF&E: $200,000
Inventory: $12,000
Seller Financing Available: Yes

Property Information

Facilities:

Approximately 3750 Square feet fully renovated in 2015, large commercial kitchen, 2 multi-stall bathrooms, 2 dining room areas, 1 pizza area, storage area, walk-in, prep areas, pizza ovens.

Growth & expansion opportunities:

Located in Northern Bergen County in residential shopping center with ample parking. Steps away from NJ Transit Train Stop. This Business is smack in the middle of residential area the new buyer can do a lot more advertising like face book ,Instagram, the facility would be perfect for entertainment shows and other ideas.

Competition:

We are located in the affluent area of Northern Bergen County and serve the surrounding areas. We are frequented by neighborhood and surrounding town residents, local food guides, prominent business people and foodies. The business has a nice website.

Reason for selling:

The restaurant is owned by 4 partners ;they all have other jobs. The business needs an operator owner

Support & Training:

The seller is willing to help, negotiable

Contact Business Seller

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Business Listed By:

Ron DeMara

Capital Business Solutions