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This Business has been Sold!
Closing Date: 09/11/2014

Business for Sale Summary

Italian Specialties Restaurant - 24697

Business Type: other eating & drinking places,pizza parlour,restaurant/ cafes,seller financing available
Italian Specialties Restaurant
On September 11th 2014, The Undersigned
Acted as the Advisor to the Deal
Tom Patterson
Tom Patterson Senior Broker
Servicing: Bergen County NJ, Essex County NJ, Hudson County NJ, Passaic County NJ
Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1(877) 735-5224 to discover the difference that is Vested Business Brokers.

Financial Information (non-confidential)

General Information
Asking Price $239,000 Down Payment $200,000
Gross Revenues $750,000 Lease Remaining Register Free to View
Owner’s Cash Flow $152,035 Number of FT Employees Register Free to View


$200,000 Down and 4 years at 8%

Business Description

ASKING PRICE JUST REDUCED!!! Pride of business ownership is clearly evident with this Italian specialties BYOB restaurant. Features a beautifully decorated dining area and a varied menu including all fresh ingredients. A well trained staff welcomes loyal customers to this popular and successful restaurant. Grosses an average of $15K per week, which covers the monthly rent of $3,500 (including CAM and taxes) in 2 to 3 days. Seats 32 inside and 8 outside. Well balanced business with 50% lunch and 50% dinner; 60% dine in and 40% take out or delivery. Remarkable press and Internet approval. Payroll flexibility makes this opportunity appealing for a chef who wants to express his creative talents, or a restaurant manager, or an absentee investor. Ideal as a family operated business. SELLER FINANCING AVAILABLE TO A QUALIFIED BUYER. If you are serious about making an impact in the restaurant industry, the owner wants to talk with you. Make your inquiry now!

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.