Businesses For Sale > Business For Sale in Morris County, New Jersey (NJ)

Asset Sale/Absentee Run Italian Restaurant for sale in Morris County, NJ

Morris County, New Jersey (NJ)

Business Summary: Affluent Morris County NJ location with plenty of parking. Seats 250+/- inside and out. BYOB with a liquor store directly next door. Long lease 12+/- remaining term. In operation for over 40 years (current owner 6+/- years). Pizzeria has a separate entrance built in 2021. Restaurant and pizzeria has a shared kitchen. Renovated and build out cost $500,000+. Open 7 days 10:00am-9:00pm except Friday & Sat 9:30pm. Monthly rent $12,000+/- (base $7,500 & Cam & RE Tax $4,500.00). Combined space 7,000 +/- square feet. Restaurant included private party room seating 50 +/-. Includes outdoor seating 80+/-. Combined sales restaurant & pizzeria ($20,000 +/-). Sales restaurant $14,000 +/- weekly and pizzeria $6,000 +/- weekly. Website included in purchase price of $395,000.00. Priced for QUICK SALE. Will consider all reasonable offers. Great opportunity for an owner operator.
Seller Reference Number: 12958LB BusinessMart.com Listing Number: 295436
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