Italian Restaurant for Sale in Essex County, NJ - 22057 Business Type: other eating & drinking places,other food stores,pizza parlour,restaurant/ cafes/ diners
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Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $150,000 | Down Payment | $150,000 |
| Gross Revenues | $0 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $0 | Number of FT Employees | Register Free to View |
Financing
$150,000 Down and Cash
Business Description
Real brick oven Italian restaurant for sale. Opportunity sale. Established 30 years. Currently operated absentee at
breakeven. Complete financial info will be provided in a personal meeting with the seller. A hands-on operator can
make this a profitable business very quickly. Gross sales are $40K monthly. Pizza sales are 25% and kitchen sales
are 75%. Lunch is 10% of sales and dinner is 90%, so there is excellent potential to grow the lunch business.
Dine-in business is 70% of sales, while take out is 30%. The delivery business is underdeveloped and can be
grown to a much larger business. Monthly rent is $7,500. SELLER FINANCING AVAILABLE TO A QUALIFIED BUYER.
If you are a food service professional with the ambition to build a great business, then the owner wants to talk with you.
Make your inquiry today!
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.
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