Owner Financing is Available!
Business Overview:
Attractive Italian Restaurant located in a modern Hotel in an upscale community of Morris County Northern New Jersey. The business is located on a major state highway with a large volume of high-rise office building representing thousand of daily workers and shoppers. The sale includes a long term lease with an extremely modest rent of $1,200 monthly. The restaurant has had years of success with a consistent and dependable income to the owner operator. The restaurant has a particular New Jersey Winery License offering various quality wines to their customers. This six day operation is open for lunch and dinner, serving a wide variety of favorite Italian Recipes with a smile. This restaurant has created an atmosphere that captures the essence of the unforgettable Tuscan country side so that your dining
experience will be a memorable one. All of the food is prepared from the freshest ingredients and made to order. They offer a wide array of Italian favorites like seafood pasta salad, lasagna, homemade pizza, seafood dishes, steaks, chicken and veal dishes made fresh from handed down Italian recipes and Italian desserts. The building has a legal capacity for 95 customers consisting of 1,550 square feet. Hotel private parking is available at this location and part of the lease agreement. The business is active six days per week, (Sunday), hours 11:30 am to 10 pm. The business has a New Jersey Winery consumption liquor license. The sale includes a long term twelve year lease with a very low yearly rent of $14,400. Their portions are large, the price is reasonable and the service is excellent! The owner has elected to move on to alternative opportunities and will train and remain post closing.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
The facility consists of 1,550 square feet, two separate rooms, with a seating capacity for 55 and 40 customers. The business has wonderful professional stage kitchen where the customers can view the preparation and cooking and enjoy a visual experience. The business is close to various malls, a large number of commercial businesses and numerous high-rise office buildings.
Market Competition and Expansion:
No similar restaurants are located in this area on a state highway and in a modern hotel. By improving the marketing / advertising plan and opening on Sunday, this business can be further developed with an improved income.
Reason for Selling:
Alternative business opportunity out of the area.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.