Profitable Italian Restaurant doing $2.0 Mil with Liquor License

Asking Price$900,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$2,000,000

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

Real EstateNot Disclosed

listing imageSave

Profitable Italian Restaurant doing $2.0 Mil with Liquor License


Asking Price$900,000

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
Long established since 1990, highly profitable Italian Restaurant is located in a busy town within Middlesex County, New Jersey. Highly visible location within the town surrounded by residential and commercial businesses, ware-houses, medical offices and other corporate offices in the area.This location offers freshly made choice of Appetizers (Fried Calmari, Asian Calamari, Naked Wings, Shrimp, Smoked Mozzarella Sticks, Grilled Clams, Shrimp Tacos) Entrees (Lamb Shank, Pork Shank,Pork Tenderloin,Fantasia Di Mare, Linguini and Clams,Tuscan Salmon, Seafood Cake,Chicken Parmigina,Chicken Aarrosto,Chicken Francese, Chicken Santimbocca, Chicken Abruszzi,Chicken Santimbocca, Pan Seared Salmon & Pair Fillet Mignon). Needless to mention, this place is famous for Raw Bar, Home Ravioli, Freshly Cooked Pasta, Soups and Salads. A great location to have a Choice of Drinks at the Bar that include Wines, Cocktails, Martini & Draft Beer Selection. All foods is made in-house by Italian award winning chef from Naples using the highest quality & freshest ingredients directly imported from Milan ( Italy).This place is famous for its delivery and walk-in customers and have large delivery catering orders from time to time,this location does more than $2.00 million a year,i,e $40k to $42k a week with a net cashflow of more than $350K to $400K. Current partners are planning to retire and willing to sell. The owners are also willing to sell the real estate at the appraised value of $1.5 million., value of the liquor license in the area is approx 250,000. Great location that can be 100% absentee run and the buyer can manage with well trained staff that are willing to stay. PLEASE NOTE.In order to show the location potential buyers will sign NDA with Photo ID and valid P.O.F. No co-brokering.
Do not miss this great opportunity!!
Please call to discuss ........................(732) 896-1037
xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
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
36
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, 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 buyer, there is a manager on-site to manage the operations.
Listing Info
ID
2467273
Listing Views
7

Contact Seller

By clicking the button, you agree to BizQuest's Terms of Use and Privacy Notice.

Business Listed by: Sanjay Gupta Tedd Min LLC

Listing ID: 2467273 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.


Similar Listings
Turnkey Pizzeria/Restaurant for Sale
$299,900Turnkey Pizzeria/Restaurant for SaleMiddlesex County, NJ
Investment Property, deli anchor
$779,000Investment Property, deli anchorMiddlesex County, NJ
Famous Toastery
$250,000Famous ToasteryFeatured Franchise
Portuguese BBQ Restaurant
$299,000Portuguese BBQ RestaurantMiddlesex County, NJ
Teriyaki Madness
$200,000Teriyaki MadnessFeatured Franchise
The Great Greek Mediterranean Grill
$225,000The Great Greek Mediterranean GrillFeatured Franchise
Successful Pizzeria & Italian restaurant
$299,000Successful Pizzeria & Italian restaurantMiddlesex County, NJ
H&H Bagels
$500,000H&H BagelsFeatured Franchise
Turnkey Pizzeria/Restaurant for Sale
$299,900Turnkey Pizzeria/Restaurant for SaleMiddlesex County, NJ
Investment Property, deli anchor
$779,000Investment Property, deli anchorMiddlesex County, NJ
Famous Toastery
$250,000Famous ToasteryFeatured Franchise
Portuguese BBQ Restaurant
$299,000Portuguese BBQ RestaurantMiddlesex County, NJ
Teriyaki Madness
$200,000Teriyaki MadnessFeatured Franchise