Business For Sale

Traditional, Classic, Italian Resto Bar

Not Disclosed, NJ
Bergen County

Asking Price: Annual Revenue:
$245,000 $600,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Traditional, Classic, Italian Resto Bar Broker: Howard Goldberg

Quick Facts

Asking Price: $245,000
Annual Revenue: $600,000
Net Profit: Not Disclosed
Cash Flow: $120,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 5 1/2
Employees: 8
BBN Listing #: 12682979
Broker Reference #: 5634HG

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Business Overview:

Traditional, classic Italian menu where consistency is always attained. Set in safe area close to Park Way & RT 46. Business evenly divided between lunch & dinner (25% cash). Lunch Patrons are area Professionals/Executives. Evening trade is a mixture of connoisseur, couples, groups & wannabes. Bar seats 8, dining room 80 (good wine spot). Can hold private parties of 50 w/ ample room for ala carte dinning. Food 80%; Bar 20% of business. Interior is attractive w/ separation between 2 dining rooms. Excellent service will take orders for specialty off menu items. Should open Sunday may increase revenues 30% & profits over 20%. Italian Restaurants are noted for Sunday functions. C license valued offered $50,000. As for value in purchase in the restaurant industry/business this place would be close to the top.

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Property Features and Assets:

Market Competition and Expansion:

Reason for Selling:

Father-Son team; Son wants to get married; Father

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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