Businesses For Sale > Business For Sale in Somerset County, New Jersey (NJ)
Divorce Forces Sale of Restaurant for sale in Somerset County, NJ
Somerset County, New Jersey (NJ)
Asking Price: |
Gross: |
Cash Flow: |
$ 175,000 |
$ 520,000 |
$ 139,876 |
Furniture and Fixtures Value:
$ 75,000 (included in the asking price)
Inventory Value:
$ 1,000 (included in the asking price)
Business Summary:
Located in a busy shopping center in Somerset County just minutes from several major thoroughfares, in one of the best places to live and work. This Italian restaurant consists of 2,400 sq. ft. and has seating for 95. Guests can sit in the pizza area of choose a table in the dining area. Their nicely appointed dining room is great for events and parties, or just a great night out with a group of friends. The restaurant is well known for great food including a full menu of fine Italian cuisine. This well established business (over 16 years) takes great care in the preparation of its authentic recipes with a focus on quality ingredients and superior presentation. Along with its traditional Italian menu, it is a BYOB establishment which is open 7 days a week. Excellent word-of-mouth has made this quaint Italian restaurant a well-known sensation. The restaurant has a good clientele base of regular returning customers. It is centrally located for catering and delivery to area corporations and many small businesses as well as single family homes in the immediate area. This area has a great sense of community and many affluent young families live here. There are excellent opportunities for a new buyer to get involved as they promote the business. This is a turnkey operation, and there is not a single thing that needs to be changed to continue serving the very loyal customer base. This is a perfect chef/owner opportunity. There are many possibilities in growing this business. Presently doing 60% eat in, 37% take-out & delivery, and 3% catering. Seller due to divorce is highly motivated to sell their successful restaurant. Come taste the delicious food, fall in love with the place, make an offer.
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Year
Business was Established: 1996 |
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Facilities / Terms of Lease:
Italian restaurant located in a busy shopping center in Somerset County. Established for over 16 years and consists of 2,400 sq. ft. facility with seating for a total of 95. There is plenty of parking, long lease in a highly desirable location |
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Owner
willing to finance:
Prime + 2% for 2 years |
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Owner
willing to train:
2-4 weeks |
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Seller Reference Number: 4678gr
BusinessMart.com Listing Number: 114931 |
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To request more information
on this business
please fill out the form shown right
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For
more info contact:
Larry Bodner
Executive Business Brokers
908-851-9040
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