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Italian Specialties Restaurant
Bergen County, NJ |
Listing #24697 |
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| Financial Information (non-confidential) |
| Asking Price |
$239,000.00 |
Gross Revenues |
$750,000.00 |
| Down Payment |
$200,000.00 |
Owner’s Cash Flow |
$152,035.00 |
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Financing: $200,000.00 Down and 4 years at 8%
Reason for Selling:Pursue other interests
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!
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Vested Corporate
Senior Business Broker
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Servicing Area:
This Broker is Servicing All of States
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Disclaimer: The information in these listings have been provided by the Seller and Vested Business Brokers, Ltd. has not independently verified this information and has no responsibility for its accuracy or completeness. Vested recommends that you consult with an accountant, attorney and other professionals to represent and assist you in any transaction. Vested's associate brokers will arrange a meeting between you, your representatives and the Seller, but is not authorized to make any representations or warranties. You agree to hold Vested and its associated brokers harmless of any misrepresentations made by seller. |
1(877) 735-5224 | 24 Woodbine Ave, Suite #204 Northport, NY 11768 | vestedbb.com |
