ID# 1566 – Popular Italian Restaurant With Rentals

Not Disclosed, NJ
Bergen County

busy main road


Asking Price: Annual Revenue:
$1,399,000 Not Disclosed

Food & Beverage: Restaurants, Fast Food, Deli


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RE: ID# 1566 – Popular Italian Restaurant With Rentals Broker: Seller of Business

Quick Facts

Asking Price: $1,399,000
Annual Revenue: Not Disclosed
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 #: 432757204
Broker Reference #: 1566

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Business Overview:

A successful operation for many years, this well-known restaurant can easily lend itself to any concept. The property is on a highly visible corner location in a densely populated southern Bergen county town located near highways, shopping, attractions and many business and corporations. Its excellent reviews and reputation has lent itself to consistent sales with room for growth. There is rental income of from two apartments above the store that more than covers the low real estate taxes of $11,000/year. The property also has on-site parking and a valuable liquor license. Seller will consider holding the mortgage for a well qualified buyer. This is truly a great find. Call for a showing – (201)845-3700

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Property Features and Assets:

Sale Includes: Business, Property, Liquor Licence, 2 Rental Units and FF&E

Reason for Selling:

Retiring

Additional Details:

  • The property is owned.
  • The owner is not 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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