Established Italian Restaurant & Bar with Owned Real Estate
Business Description
Stony Hill Advisors is advising on the confidential sale of a full-service Italian restaurant and bar that has operated for more than 30 years in a high-traffic New Jersey coastal tourism market. It occupies a prominent ground-floor space in a beachfront building and serves a mix of local residents, tourists, and business and event visitors. The space it operates in is owned by the seller and is included in the sale, so a buyer may acquire both the business and the real estate. The owner is selling to retire; management and staff are in place to support the transition. The restaurant is the winner of many “best of” awards for county and state.
About the Business
- Years in Operation
- 34
- Employees
- 44 (34 Full-time, 10 Part-time)
Seasonal fluctuation of part-time employees - Facilities & Assets
- The business serves a diversified customer base of residents, tourists, and convention attendees from a high-visibility location. The restaurant includes a full bar with a New Jersey Type 33 liquor license and approximately 30% of sales derived from alcohol. The business has demonstrated stable operating history, a recognizable local brand, and multiple growth opportunities through expanded marketing, events, delivery, and off-season traffic capture.
- Market Outlook / Competition
- Restaurant and bar are open all days for dinner service except Monday. Prime location with long operating history.
- Opportunities for Growth
- Culinary tourism, digital & delivery expansion, premium & experiential dining, loyalty programs, seasonal promotions
Real Estate
- Owned or Leased
- Owned
- Not included in asking price
- Building Sq. Ft.
- 4,913
About the Sale
- Seller Motivation
- Retirement
- Transition Support
- Negotiable seller support post-close. The experienced staff is expected to stay.
- Financing Options
- Seller financing available, SBA pre-qualified for $2.5M loan (business & property)
Listing Info
- ID
- 2542132
- Listing Views
- 20
Attached DocumentsAttachment Disclaimer
Listing ID: 2542132 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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