Italian Restaurant/Pizzeria & Bar w/ Liquor License

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Within a densely populated area.
Asking Price:
$1,800,000

Gross Revenue:
 Not Disclosed
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

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Business Description

This amazing Italian Restaurant/Pizzeria and bar is located in a strip mall! Within a densely populated area. They have corporate accounts and provide pizza for 3 of the public schools which are around 100 pizza's per week. In the summer they provide pizza for the Town Pool and High school. Included in the sale is a Broad C liquor license.
They are in their first year of a 10 year lease with one 5 year option
All their inventory. appliances, and furniture are included.
Can seat 92 customers. 60% of customers eat in 40% take out.
360 apartments and 2 hotels are being built in the vicinity
It's the only Italian Restaurant/Pizzeria in the area with a large parking lot.
The Restaurant has 22 tons of Air conditioning!
The strip mall is going to have a face lift which will provide space for al fresco dining.

About the Business

Location:
Harrison, New Jersey
Year Established:
1980
Number of Employees:
16
Relocatable:
Yes
Real Estate:
Leased
Building Sq. Ft.:
2,920
Rent:
$8,268.00 Per Month
Facilities:
Have Bathrooms and an office
Market Outlook/
Competition:
The only Pizza Restaurant with a liquor license and parking in the area!
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About the Sale

Reason For Selling:
Retiring
Training/Support:
The owner will train and teach the new owner the business.

Listing Info

ID:
1672092
Ad Detail Views:
207

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Business Listed by

Cheryl Darmanin

KW Commercial
License# 1111786

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