Premier Italian Fine Dining Restaurant

Asking Price$900,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$1,700,000

Inventory$20,000
Not included in asking price
FF&ENot Disclosed

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Premier Italian Fine Dining Restaurant


Asking Price$900,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$1,700,000

Inventory$20,000
Not included in asking price
FF&ENot Disclosed


Seller Financing Available
Business Description
Rare opportunity to acquire a highly successful, long-established Italian restaurant, pizzeria and bar with full liquor license, priced to SELL.
The price for the Restaurant Only is $900,000.00 and the Liquor License $350,000.00.
The restaurant offers an extensive menu of authentic Italian cuisine, specialty pizzas, homemade pastas, seafood dishes, appetizers, sandwiches, desserts, and chef-inspired specialties. All menu items are prepared using high-quality ingredients and time-tested recipes that have helped establish the business as a favorite dining destination for local residents, families, businesses, and visitors alike.
The business operates from a highly visible location with strong traffic counts, excellent accessibility, and an inviting dining atmosphere that attracts repeat customers year-round.
In addition to its strong dine-in business, the restaurant benefits from takeout, delivery, catering, private events, and bar revenue.
Business Highlights
• Annual Gross Sales Exceeding $1.7 Million
• Seller Cash Flow Exceeding $500,000
• New Jersey Liquor License Available for Purchase $350,000
• Established for Over 20 Years
• Strong Food, Beer, Wine, and Cocktail Sales
• Loyal Multi-Generational Customer Base
• Experienced Management and Staff Willing to Remain
• Turnkey Operation with Proven Systems in Place
• Excellent Online Reviews and Community Reputation
• Strong Catering, Takeout, Delivery, and Event Revenue
• Attractive Dining Room and Bar Area
• Significant Opportunities for Future Growth
About the Business
Years in Operation
25
Employees
17 (11 Full-time, 6 Part-time)
Facilities & Assets
The restaurant seats 124. It has a separate room for parties up to 40.
There is seating for 22 at the bar, The dining room seats 62 and there are 16 patio seating.
The kitchen is well equipped to handle high volume and the majority of equipment is new or in excellent condition.
There is 50+ parking spaces in the rear and street parking.
The brick oven, wood burning pizza oven is very popular.
Market Outlook / Competition
Located in a thriving and densely populated area of Union County, New Jersey. Serving the community for more than two decades, this well-known destination has built a loyal multi-generational customer base, outstanding local reputation, and strong brand recognition throughout the area.
Opportunities for Growth
While the business currently generates over $1.7 million in annual sales, substantial upside remains for a motivated new owner.
The restaurant currently operates six days per week, having only recently expanded from a five-day operating schedule. Opening seven days per week presents an immediate opportunity to increase revenue from dine-in, takeout, delivery, catering, and bar operations. Based on current demand and customer traffic, annual sales have the potential to exceed $2 million under new ownership.
The current owners have built a highly successful business primarily through reputation, customer loyalty, and word-of-mouth referrals. A younger, growth-oriented operator could significantly increase sales through enhanced social media marketing, digital advertising, online ordering optimization, loyalty programs, corporate catering outreach, community partnerships, and stronger online engagement.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
5,170
Rent
$7,200.00 per month
Lease Expiration
12/31/2046
About the Sale
Seller Motivation
Seller Retiring
Transition Support
Seller will transition.
Financing Options
Seller will consider financing based upon Buyers financials.
Listing Info
ID
2522840
Listing Views
Attached DocumentsAttachment Disclaimer

ConfidentialityAgreement SFNDA.pdf


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Business Listed by: Brian Elkin Elkin & Lee Realty & Business Advisors

Listing ID: 2522840 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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