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Business for Sale Summary

Renowned Italian Restaurant - 32449

Business Type: seller financing available,restaurant/ cafes/ diners
Renowned Italian Restaurant
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Financial Information (non-confidential)

General Information
Asking Price $770,000 Down Payment $700,000
Gross Revenues $280,000 Lease Remaining Register Free to View
Owner’s Cash Flow $0 Number of FT Employees Register Free to View

Financing

$700,000 Down and 70K @ 6% over 60 months

Business Description

After 44 years in business, the owner of this landmark, Camden County, New Jersey restaurant is calling it quits. For sale is a 5,500 sq. foot, fully equipped and operating Italian/American restaurant that includes a spacious dining room that seats 70 along with a banquet room that will comfortably accommodate more than 100. Outdoor seating for 12 and off-street parking for more than 50 cars mark this one-of-a-kind dining facility. The facility is so substantial and the location so central, all that is missing to restore this restaurant and banquet hall to its former greatness is the youth and vitality of new ownership. Here, in this cosmopolitan section of Camden County, there is substantial opportunity for new ownership to develop its own clientele. The restaurant and banquet hall are available for rent, for lease purchase, or for outright purchase. All Serious offers considered. For more information, contact Gerald Nimberg, Senior Business Broker, Vested Business Brokers, LTD at 646-269-4616.

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.

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.