Established Restaurant in Middlesex County, NJ - 31167

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Established Restaurant in Middlesex County, NJ - 31167
Asking Price:
$345,000

Gross Revenue:
$705,000
Cash Flow:
$265,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$5,000
not included in asking price

FF&E:
$100,000
included in asking price

Real Estate:
 Not Disclosed

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Business Description

After 35 years in the business, this Italian Restaurant has decided to call it quits. The owner operates one of the most successful Italian eateries in New Jersey. Seller willing to take an all cash offer of 300k. Located in Middlesex County, New Jersey, this specialty restaurant features old-style, Grandmas Pizza delivering homemade, hand turned vodka and mozzarella sauce and homemade panini and focaccia breads that completely distances it from the ordinary. The 2,000 sq. ft. store includes a party room that seat 45-55 guests that is constantly occupied with all types of social events and office parties. Service, longevity, quality and taste add up to a highly profitable business. Seller financing is available for the qualified buyer.

About the Business

Number of Employees:
12
Website:
www.vestedbb.com
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About the Sale

Training/Support:
Yes
Seller Financing:
195,000.00 Down & Balance over terms TBD all cash deal for 300,000

Listing Info

ID:
1580216
Ad Detail Views:
0

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Business Listed by

Vested Business Brokers, Ltd

Vested Business Brokers, Ltd

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U.S. Census Data for Middlesex County, NJ
Age

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Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Middlesex County, NJ
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Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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