Business For Sale

Established Cozy Italian Restaurant with Potential

Essex, NJ
Essex County


Asking Price: Annual Revenue:
$109,000 $260,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Established Cozy Italian Restaurant with Potential Broker: Soloman Sasson
Owner Financing is Available!
$49,000- for 4 years no interest.

Quick Facts

Asking Price: $109,000
Annual Revenue: $260,000
Net Profit: Not Disclosed
Cash Flow: $99,000
Total Debt: Not Disclosed
FF&E: $15,000
Real Estate: Not Disclosed
Year Established: 1997
Employees: Not Disclosed
BBN Listing #: 38372979
Broker Reference #: 6104SS

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Business Overview:

Cozy, Italian restaurant in strip mall, established 20 years with potential seats60, equipment 2 to 4 years old, very good condition, plenty of parking in the strip mall-landlord will give good new lease. Ideal for owner/cook/operator. Growth potential by acquiring liquor license to sell wine, beer, & liquor. Advertise and market a website.

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Property Features and Assets:

Cozy, Italian restaurant in strip mall, established 20 years with potential seats60, equipment 2 to 4 years old, very good condition, plenty of parking in the strip mall- landlord will give good new lease. Ideal for owner/cook/operator.

Market Competition and Expansion:

None in area, pizza store next door. Acquire liquor license to sell wine, beer, & liquor. Advertise and market a website.

Reason for Selling:

Retiring- 70 years old.

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.

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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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