Asset Sale/Absentee Run Italian Restaurant
Not Disclosed, NA Not Disclosed
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- RE: Asset Sale/Absentee Run Italian Restaurant
- Contact: Not Disclosed
Quick Facts
| Asking Price: | $375,000 | |
| Annual Revenue: | $1,000,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | Not Disclosed | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 16752979 | |
| Broker Reference #: | 12958LB |
Business Overview:
Affluent Morris County NJ location with plenty of parking. SELLER FINANCING MAY BEAVAILABLE TO QUALIFIED BUYERS. Seats 250 /- inside and out. BYOB with a liquor store directly next door. Long lease 12 /- remaining term. In operation for over 40 years (current owner 6 /- years). Pizzeria has a separate entrance built in 2021. Restaurant and pizzeria has a shared kitchen. Renovated and build out cost $500,000 . Open 7 days 10:00am-9:00pm except Friday & Sat 9:30pm. Monthly rent $12,000 /- (base $7,500 & Cam & RE Tax $4,500.00). Combined space 7,000 /- square feet. Restaurant included private party room seating 50 /-. Includes outdoor seating 80 /- Website included in purchase price of $395,000.00. Priced for QUICK SALE. Will consider all reasonable offers. Great opportunity for an owner operator. MUST SELL BEST OFFER TAKES IT!!!
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Additional Details:
- The property is owned.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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