Italian Bar/Restaurant With RE For Sale S. Jersey
Not Disclosed, NJ Not Disclosed
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- RE: Italian Bar/Restaurant With RE For Sale S. Jersey
- Contact: Maureen Murray
Quick Facts
| Asking Price: | $3,199,000 | |
| Annual Revenue: | $2,750,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $509,140 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | $1,700,000 | |
| Year Established: | 2007 | |
| Employees: | 30 | |
| BBN Listing #: | 1018833 | |
| Broker Reference #: | 1617 |
Business Overview:
Well established Italian bar/restaurant with real estate for sale in South Jersey. Features two distinct dining settings: a more upscale dining room with a bar, and a separate casual dining area with a pizzeria and sports bar. Outdoor seating and a covered patio complement an extensive menu and wine list. The three dining rooms with indoor/outdoor seating options can accommodate up to 370 patrons. The business's revenue is split between sports bar and casual dining at 80% and formal dining at 20%. Seller willing to assist new owner during the transition period.
Contact the Seller:
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Property Features and Assets:
12,000 square foot building sitting on 1.95 acres with seating for 370 and ample parking.
Market Competition and Expansion:
New owner could increase revenue with advertising, marketing and social media exposure.
Reason for Selling:
Owner Retiring. Kindly ask the seller for more information.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more New Jersey businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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