Seller's Contact Information
- RE: Ocean County NJ Pizzeria And Italian Restaurant
- Contact: Steve Weinbaum
Quick Facts
Asking Price: | $499,000 | |
Annual Revenue: | $1,297,884 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $257,641 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 2012 | |
Employees: | 10 | |
BBN Listing #: | 62658096 | |
Broker Reference #: | 9275 |
Business Overview:
Profitable Barnegat Township Italian Restaurant for Sale with sales over $1.3 million is proof that this concept is working in Beautiful Ocean City County new Jersey! Incredible price on this fully equipped turn-key operation with $300,000 in annual owner benefit for a full-time owner operator. Priced at only $499,000 this deal will go quick! Open for 10 years. Current owner for 5 years. Unlimited potential in this popular Italian Restaurant for Sale in the every growing area of Ocean County, New Jersey. The owner had a vision, with a money, time, and patience they turned their vision into a profitable reality. Social media reviews such as, 'We were blown away by the tremendous quality and flavor is just part of the reason for the success. The Restaurant Brokers at We Sell Restaurants are presenting you this opportunity with a Italian Restaurant for Sale concept that customer's just can't get enough of. Don't start from scratch waiting on build-outs, permits, and equipment to arrive when you can get a turn-key operation all in the purchase of this Italian restaurant for sale. Monthly average sales exceed $100,000 generating over $20,000 monthly in owner earnings. Reasonable rent of only $ 4000.00/month on this perfectly portioned 2400 square foot space. With an option to renew, the lease is valid until the end of 2031 One look at the setup and you will see why this Italian Restaurant for Sale is so successful. Inside holds seating for 40 and it is easy to handle all those customers with the 10 trained staff already in place. Delivery and carry out are a big piece of this restaurants revenue and profits. When purchasing this Italian Restaurant for Sale you are receiving a completely furnished and fully equipped space. You are getting an entire fully functioning equipment package, and fully operational business all included in the sale price. Keep the menu and concept just as it is, or add your own special dishes and flair. This Italian Restaurant for Sale comes complete with all the recipes included, as well as Whatever needed by the current owner to ensure a smooth transition for you, the staff, and the customers. Barnegat is a township in southern New Jersey with a population of approximately 23,000. It is best described as lying in the south-central coastal portion of Ocean County, adjoining Barnegat Bay. In addition to easy access to and from the Garden State Parkway, Barnegat is positioned in a hub of intersecting state and county highways. State Highway 72, traversing east to west, gives easy access to Burlington County and Philadelphia. Rich in tradition, Barnegat's early settlement and development can be attributed to another regional asset, Barnegat Bay, one of the leading sea ports in the region. So leave the fast paced and hectic city like and be your own boss, make strong earnings, and live by the water when you purchase this Italian Restaurant for Sale. By providing your phone number to We Sell Restaurants, you are agreeing to receive text notifications.
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Property Features and Assets:
Double deck Marsal and sons MB60 71in Avantco pizza station with custom stone 47in Avantco Short order Station 2 door 72in short order Station 3 door 72in worktop migali entree station 3 door 48in worktop migali entree station 2 door 81in x 51in x3in Migali stainless steel double door Freezer Stainless 10 burner stovetop with CPG double stainless oven Bakers Pride cyclone series convection oven 2 full size fryer 2 baskets 24in x24in flat top Royal Grill 14in x 22in 3-Burner Royal Charbroil ecilware dual Panini Press 5ft 10in D 11ft 7in L Walkin Box Mr Winter
Market Competition and Expansion:
Although located in what appears a seasonal location-the numbers remain strong throughout year that you can maintain a full time staff throughout year.
Reason for Selling:
Retirement
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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