Profitable Italian Restaurant for Sale

Lanoka Harbor, NJ
Ocean County


Asking Price: Annual Revenue:
$425,000 $871,519

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Profitable Italian Restaurant for Sale Broker: Steve Weinbaum

Quick Facts

Asking Price: $425,000
Annual Revenue: $871,519
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2000
Employees: 15
BBN Listing #: 21268096
Broker Reference #: 8267

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Business Overview:

Buy This Highly Profitable Italian Restaurant for Sale Located in beautiful Ocean County, New Jersey. Priced to Sell at $425,000 or Only 1.5 Times Current Cash Flow (Owner Discretionary Earnings).

Open and Operating Twenty Years, The Owner Operator has created an Amazing Restaurant and Earnings Opportunity for the Next Owner. Strong Financial Performance Should Qualify this Italian Restaurant for Sale for SBA Lending. Amazing Lease Terms and more...

Offered exclusively by We Sell Restaurants, this Italian Restaurant for Sale's location in Ocean County, New Jersey is considered part of the Jersey Shore and South Jersey regions. The location is easily accessible and located on a high traffic road surrounded by densely populated businesses and residences ensuring tons of customers. The restaurant is a very manageable 2000 square feet that can seat up to 100 inside and out. Their concept is simple and wildly successful...provide the areas best seafood, meat, and pasta dishes at affordable prices while keeping their customers happy with fast friendly service. And it works! Customers rave about their food giving it 4 1/2 to 5 star ratings on several different social media websites.

Annualized monthly Sales Revenue of over $70,000 are approaching $900,000. Owner's Monthly take-home exceeds $20,000. A lease rate of only 5% of net sales combined with an efficient and well managed operation are the keys to these great profits. The lease at this Italian Restaurant for Sale of only $2,950 Per month, including options to renew has an additional ten years.

When you step into this beautifully decorated Italian Restaurant for Sale, you feel like you've walked into a quaint trattoria in Italy. The veal, chicken, scallops, mussels, shrimp, and pastas are all made fresh in the most authentic Italian way. Price points are kept reasonable making this a repeat dining experience for locals and visitors alike.

This restaurant truly has it all... Longevity, Reputation, Location, and an attractive lease. The owner will provide two full weeks of training to ensure the next owner can prepare and ensure the same great quality. Contact your brokers at We Sell Restaurants to learn more about this amazing multiple 6-figure earnings opportunity including help in securing an SBA loan so you can acquire this profitable IItalian Restaurant for Sale in Orange County New Jersey with as little as $100,000 investment.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

Furniture/Equipment 26 tables inside and outside 100 chairs inside and outside 6 refrigerators freezers fairly new approximately one year old 8 by 8 Walk in Pots and pans dishes glasses silverware Point of Sale Systems 2 Pizza Ovens Soda Machine Dough Mixer stainless steel tables Extra inventory in storage unit 16 burner Stove salamander Oven Mircowave

Market Competition and Expansion:

Already very busy restaurant with more housing coming in the local area.

Reason for Selling:

Personal

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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