Casual Restaurant

Asking Price$125,000

Cash Flow
$75,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$771,000

Inventory$2,000
Not included in asking price
FF&ENot Disclosed

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Casual Restaurant


Asking Price$125,000

Cash Flow
$75,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$771,000

Inventory$2,000
Not included in asking price
FF&ENot Disclosed

Business Description
Priced for a quick sale with this wonderful business opportunity locally operated BYOB restaurant serving traditional Italian cuisine with a casual vibe. Moderate Down payment with owner financing. The business opportunity has a substantial gross income and a consistent net yearly income to the owner operator. Wonderful investment with a solid return on investment and priced for a quick sale with substantial owner financing. Their objective is to provide first class service and fresh high-quality cuisine with an Italian flair to the customers they service. Their menu features an extensive selection with a variety of fresh innovative entrees, and homemade desserts. This is a profitable safe business opportunity and based on the moderate asking price, and yearly net income, this business expects to supply a consistent return on investment to the owner operator.
About the Business
Years in Operation
25
Facilities & Assets
This business opportunity is in northern New Jersey, Bergen County on a convenient active county road. This business facility consists of approximately 1,650 square feet with an attractive, old-world appearance. The business is located on a commercial avenue with numerous other retail businesses. Legal capacity of ninety customers.
Market Outlook / Competition
Regarding competition, to the best of our knowledge, no other new competitors are expected near to this business. Additionally, the owner has agreed to supply an appropriate non-compete agreement to the purchaser.
Opportunities for Growth
Regarding competition, to the best of our knowledge, no other new competitors are expected near to this business. Additionally, the owner has agreed to supply an appropriate non-compete agreement to the purchaser.
Real Estate
Owned or Leased
Leased
About the Sale
Seller Motivation
The purpose of this business transaction is due to the owner alternative noncomp
Transition Support
Training and owner support, the owner is fully prepared to remain post-closing and will supply an appropriate transitional period to purchaser.
Financing Options
Owner financing $50,000 down payment
Listing Info
ID
2415227
Listing Views

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Business Listed by: Ron Cervelli Regal Consulting Corp.

Listing ID: 2415227 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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