Profitable Italian Restaurant doing $28k to $30K a Wk in Bergen County

Asking Price$777,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$1,500,000

Inventory$10,000
Not included in asking price
FF&ENot Disclosed

Real EstateNot Disclosed

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Profitable Italian Restaurant doing $28k to $30K a Wk in Bergen County


Asking Price$777,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$1,500,000

Inventory$10,000
Not included in asking price
FF&ENot Disclosed

Real EstateNot Disclosed

Business Description
Long established Absentee Run Iconic Italian Restaurant is located in a busy town of Bergen County, NJ. This location is renowned for its exceptional food & serene atmosphere with loyal customer base and consistent traffic. They offer mouthwatering dishes that include Brick oven pizza, Penne Vodka, Fried calamari, Burrata napolitano, Lobster ravioli, Mafaldine bolognese, Linguini Marichiara, Sides, Desserts and Drinks. All the food is made fresh using the highest quality & fresh ingredients. Current sale is more that $1,500,000 plus annually, i,e $29K to $30K a week with a Net cashflow of $325,000 plus. Needless to mention, this location is prime to residential & commercial businesses. Owners have been in the business for more than a decade & planning to retire. This premium restaurant space is available for $8,500 per month with CAM, across 5,000 sq. ft. This is a great opportunity for an Owner/ Operator, Restauranteur or an Absentee run professional. PLEASE NOTE: In order to show the location potential buyers will have to sign NDA with Photo ID and valid Proof of Funds. No co- brokering, please. 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
6
Employees
10 (7 Full-time, 3 Part-time)
Facilities & Assets
Assets include fully equipped kitchen with oven, freezer, hood, grill and all furnitures, fixtures and pos system
Website
Show Website URL
Opportunities for Growth
Growth potential by utilizing the advertising media and implementing a marketing strategy or leveraging digital marketing.
About the Sale
Transition Support
Seller will provide complete support and training to the new buyer, has a manager-onsite since this place is 100% absentee run.
Listing Info
ID
2543272
Listing Views

Listing ID: 2543272 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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