NOT DISCLOSED, New Jersey
| Asking Price |
$379,000 |
Year Established |
2005 |
|
| Annual Revenue |
$610,124 |
Reason for Selling |
Retirement. |
|
| Annual P/L |
$0 |
Attention |
John Inzilla |
|
| Annual Cash Flow |
$149,868 |
Listing Number |
1018503 |
|
| # of Employees |
11 |
Business Category |
Food & Beverage: Restaurants, Fast Food, Deli |
|
Business Overview:
This is a confidential listing. Please complete the contact form to receive an NDA and additional details before any phone calls. Thank you!
Established in 2005, this chef-owned full-service Italian restaurant has built a loyal following around authentic, made-from-scratch cuisine, high-quality ingredients and personalized service.
Located in a vibrant, walkable downtown dining and entertainment district in Monmouth County, the restaurant offers an attractive setting with indoor and outdoor seating, a fully equipped commercial kitchen and a well-established local reputation. The concept features fresh Italian-inspired cuisine, including house-made pasta, seafood and meat entrées, along with BYOB dining, private parties, catering, takeout and online ordering.
Currently focused primarily on dinner service, the business offers additional growth opportunities through lunch, expanded catering and private events, and more consistent digital and email marketing to its substantial customer database.
Seller financing may be available to qualified buyers.
A compelling opportunity for an experienced restaurant operator, chef-owner or hospitality group seeking an established concept in one of Central New Jersey's desirable downtown markets. Complete the NDA to receive the full confidential business profile and additional details.
Property Features and Assets:
<p>Approximately 2,200 sq. ft. turnkey restaurant facility located in an attractive, walkable downtown dining and entertainment district in Monmouth County. The space features indoor and outdoor seating, a fully equipped commercial kitchen, dining area and and a dry basement providing a private office and ample storage space. The facility and equipment are well maintained and fully operational, allowing a new owner to step into an established restaurant operation with minimal immediate capital investment.</p><p>The premises are leased, with the landlord reportedly open to discussing a new long-term lease with renewal options for a qualified buyer. Street and nearby public parking serve the surrounding downtown area.</p><p>Assets = $186,000</p>
Market Competition and Expansion:
<div>Located in a highly desirable Monmouth County downtown dining and entertainment market with strong consumer demand and an active restaurant scene. Monmouth County generates nearly 11% of New Jersey's single-location full-service restaurant revenue, reinforcing the strength of the local dining market.</div><div><br></div><div>While the area is competitive, this restaurant stands apart with a 20+ year history, authentic chef-owned Italian concept, made-from-scratch cuisine, BYOB format and loyal established following. </div><div><br></div><div>Significant growth opportunities exist through adding lunch service, expanding catering and private events, and more consistently marketing to the established customer database. A new owner could also further develop online ordering, delivery and digital marketing while leveraging the restaurant's 20+ year reputation and loyal customer following.<br></div>
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