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Business for Sale Summary

Italian Destination Dining in New Jersey - 36072

Business Type: absentee business,other eating & drinking places,other food stores,pizza parlour,owner financing available,restaurant/ cafes/ diners
Italian Destination Dining in New Jersey
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Financial Information (non-confidential)

General Information
Asking Price $1,500,000 Down Payment $750,000
Gross Revenues $1,800,000 Lease Remaining Register Free to View
Owner’s Cash Flow $500,000 Number of FT Employees Register Free to View

Financing

$750,000 Down and balance of $750k for 60 months @ 7%

Business Description

Experience the perfect blend of location, ambiance, and Italian cuisine at this outstanding restaurant in Ocean County, New Jersey. With a spacious 70-seat capacity, this BYOB Italian eatery offers a delightful dining experience. It caters to a diverse clientele, with 60% dine-in patrons and 40% opting for convenient carry-out and catering services. The business operates efficiently with minimal owner involvement, potentially making it eligible for SBA financing. The monthly triple net rent is approximately $8,000, and for qualified buyers, seller financing options are available. For further information, please reach out to broker David Bock at 610-304-0559. Don't miss out on this exceptional opportunity!

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