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Business for Sale

Fine Dining Italian Restaurant
Bergen County, NJ

Listing #26527

   
Financial Information (non-confidential)
Asking Price $109,000.00 Gross Revenues $350,000.00
Down Payment $75,000.00 Owner’s Cash Flow $70,000.00

Financing: $75,000.00 Down and 8% over 12 months

Reason for Selling:Retirement

Fine dining Italian restaurant business for sale in affluent town. Established 18 years under the same owner. Seats 35 customers inside a tastefully decorated dining room plus outdoor dining. Serving dinners 6 days a week Entrees from $15 to $21. Excellent potential to develop lunch business. 1,000 square feet plus full basement for both storage and food prep. Weekly gross of $7,500 covers low rent of $2,560 in 3 days. 10 year lease. Major equipment includes 12 burner stove, new hood, new dishwasher, new ice machine, espresso machine, walk in box and more. Kitchen fully staffed. Owner operates the business as manager and waiter. Priced to sell quickly at $109,000. SOME SELLER FINANCING AVAILABLE TO AA QUALIFIED BUYER. If you have the desire to grow this successful business, then the owner wants to talk with you. Make your inquiry today!
Vested Corporate
Senior Business Broker
1(877) 735-5224
corporate@vestedbb.com
Servicing Area:
This Broker is Servicing All of States
Vested Corporate

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