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Business for Sale Summary

Upscale Italian Restaurant in Union County NJ - 30615

Business Type: misc. retail/non-classifiable,other eating & drinking places,other food stores,restaurant/ cafes
Upscale Italian Restaurant in Union County NJ
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Financial Information (non-confidential)

General Information
Asking Price $448,000 Down Payment $448,000
Gross Revenues $500,000 Lease Remaining Register Free to View
Owner’s Cash Flow $0 Number of FT Employees Register Free to View

Financing

$448,000 Down and

Business Description

An upscale Italian restaurant, located in Union County, is available for purchase. The business includes a Broad C liquor license. Three years young, this restaurant is a beautiful place, in a beautiful part of Union County. Off-street parking is available to the public. A partnership split is forcing the sale. The remaining partner has instituted cost cutting measures, but he still cannot afford to run the business, even though it is now at or near break-even. The restaurant offers authentic Italian cuisine, pizza and a full bar. Staff will remain. It needs an experienced operator and marketing skills to become significant. Price is negotiable. Call today.

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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.