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Business For Sale
4467 - RESTAURANT
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Asking Price: |
$295,000
USD USA Dollars
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Business for Sale Industry: |
Food & Beverage: Restaurants, Fast Food, Deli
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Reason for Selling:
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Other business interests |
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Year Established:
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2006 |
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# of Employees:
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11 |
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Yearly Revenues:
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$670,000 |
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Yearly Cash Flow:
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$141,000 |
Business for Sale Overview:
Cumberland County, N.J. A beautiful, two years young, upscale Italian Restaurant, located at intersection of major municipal thoroughfares in a desirable South Jersey location with plenty of parking and easy access. Offering Italian style fare with BYOB privileges. Seller designed the interior to fill a need for upscale dining that was absent in the area, but another successful business he owns is now requiring his full time attention. The restaurant seats 80 with Friday and Saturday night piano entertainment (baby grand piano included in sale). An separate banquet room seats an additional 60 patrons. Open kitchen with good layout and plenty of cold storage. Local area consists of many new residential developments with households headed by dual income professionals. Current owner does not advertise and does not promote over a website. New owner/operator could take advantage of these tools to further increase revenues.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner is not willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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