Profitable Bar& Italian Restaurant doing $2.0 Mil a Year in New Jersey

Asking Price$700,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$2,000,000

Inventory$75,000
Not included in asking price
FF&ENot Disclosed

Real EstateNot Disclosed

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Profitable Bar& Italian Restaurant doing $2.0 Mil a Year in New Jersey


Asking Price$700,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$2,000,000

Inventory$75,000
Not included in asking price
FF&ENot Disclosed

Real EstateNot Disclosed

Business Description
( Profitable main street business with growth potential!)
Profitable Italian Bar & Restaurant is located in a busy town within Middlesex County, NJ. This is a one of the best locations in the area serving specialties that include: Asian calamari, Shrimp tacos, Roasted peppers,Burrata, Naked wings, Mozzarella sticks, Chicken parmigiana, Chicken santimbocca, Chicken francese,Chicken abruzzi,Lamb Shank, Tuscan salmon, Pan Seared salmon & Pair fillet mignon and more. Cafe and bar serves liquor, wines, cocktails, martinis, draft beer and many more all day long. All the food is made using highest quality and freshest ingredients by an award winning chef. This place is famous for its dine-in and catering doing more than $2,000.000 a year,i,e $41 k to $42k a week with Net cashflow of $375,000 a year. Current owners are planning to retire after 25 years in business and willing to sell the business and the real estate.( Real Estate is sold by the owners at the appraised value of $1.5 million). As per the seller, prospective buyers would have to buy real estate and the business together. 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.
About the Business
Years in Operation
26
Employees
12 (8 Full-time, 4 Part-time)
Facilities & Assets
Assets include fully equipped kitchen with oven, freezer, hood, grill and all furnitures, fixtures and pos system
Website
https://www.bizbuysell.com/brokers/Listings/
Opportunities for Growth
Great growth potential for an experienced restauranteur, Increase by utilizing the advertising media to grow sales. Minimal advertising is done now
About the Sale
Seller Motivation
Planning to Retire
Transition Support
Seller will provide complete training and support to the qualified purchaser
Listing Info
ID
2483634
Listing Views
14

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Business Listed by: Sanjay Gupta Tedd Min LLC

Listing ID: 2483634 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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