Iconic Bar & Italian Restaurant has just come in the market within Middlesex County, NJ. One of the greatest location in the town that offers Chicken parmiagiano, Chicken francene,Lamb shank, Pork Shank, Pan seared salmon, Fish tacos, Shrimp ravioli, Crabmeat ravioli, Braized short ribs, Baked eggplant rollitini, Penne vodka, Soups and Salads. Great Bar that serves liquor, wines, cocktails, martinis and draft beer. All the food is made using highest quality and freshest ingredients. Current sale is $40,000 to $42,000 a week, i,e $2,000.000 a year with Net cashflow of $350,000 a year. Current owners are planning to retire and willing to sell the business & the real estate. ( Real estate is appraised at the market value of $1.5 million and the Liquor license is valued at $275,000). Sellers are willing to negotiate the deal with a restauranteur or a qualified italian chef. ( Current owners are willing to sell the business and the real estate together since they plan to retire) PLEASE NOTE: In order to show the location, potential buyers will sign NDA with Photo ID and valid P.O.F. No co-brokering, please
Cash Cow!!
Do not miss this great opportunity!!
Please call to discuss ........................(732) 896-1037
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We are always in search of quality businesses for our buyers. If you're a business owner thinking of selling your business, please email or contact us : teddminbb@gmail.com, please contact Teddmin@ 1-732-896-1037.