Business For Sale

Well Established Neighborhood Gem, with Property

Nutley, NJ
Essex County


Asking Price: Annual Revenue:
$1,300,000 $881,640

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Well Established Neighborhood Gem, with Property Broker: Paul J. Vento

Quick Facts

Asking Price: $1,300,000
Annual Revenue: $881,640
Net Profit: Not Disclosed
Cash Flow: $103,778
Total Debt: Not Disclosed
FF&E: $20,000
Real Estate: Not Disclosed
Year Established: 1994
Employees: 11
BBN Listing #: 396236754
Broker Reference #: 5852-54322

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Business Overview:

A neighborhood Italian/American Restaurant situated in a quaint New Jersey neighborhood with Amazing Food, Large Portions, Great Bar, Stellar Wine List & 5 HDTV's in the Bar Area to watch all the games.

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Property Features and Assets:

Started 22 years ago by experienced Chef and restaurateur has been a main stay in the area ever since.

Market Competition and Expansion:

no other place in area with all the amenities this restaurants offers. It will surprise you with its wonderful, cozy atmosphere and extraordinary fare. Potential Growth With infusion of new blood, a little redecorating, this can reach new heights.

Reason for Selling:

Retiring

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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Disclaimer:

The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.


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