Traditional Italian Restaurant

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Asking Price:
$425,000

Gross Revenue:
$1,100,000
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

Real Estate:
 Not Disclosed

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Business Description

Authentic Italian Restaurant. Passaic County's finest restaurant. Grossing $1.1 Millon a year. This successful and very popular restaurant is ready for the new owner to just walk in and earn money.
Everything is beautifully renovated. The minute you walk into this fabulous restaurant you will experience the warm and cozy vibe. It is truly a trendy and upscale dining restaurant, with a great menu and fabulous food! Open for lunch and dinner, 6 days a week. ( Closed Monday)
Seating for 94 +.( 2500 square feet) Low, low rent of only $3800 a month, includes taxes!
The restaurant is located on a main street with easy highway access. People come from miles around, to experience this fine dining and elegant ambiance!
You can bring your own skill and culinary flair to this already popular dining spot!

About the Business

Location:
Passaic County, New Jersey
Year Established:
2013
Number of Employees:
12
Facilities:
Experience the taste of Italy! The best five star dining, with white glove treatment. An elegant dining experience. ( BYOB) Totally renovated and beautiful ambiance! Located in Northern New Jersey's, central locations. Busy main street, center of town with easy access to major highways.
2500 square feet. 94 white table cloth seating and elegant atmosphere, with the finest, delicious,homemade, Italian recipes. The chef's menu creations of homemade,pastas,meats, seafood and scrumptious dessert delicacies, bring in customers from miles around.
There is parking and valet service, as well as street parking.
Market Outlook/
Competition:
This is the finest,white tablecloth restaurant. They are known for their exceptional quality of food and they provide five-star service! They are successful for over 5 years. There is a long lease. It is located in a beautiful and affluent, Passaic County town.
This restaurant stands apart from other restaurants because it offers the finest specialty foods, with an elegant atmosphere and personalized service!
Bring your your own flair to this already successful restaurant!
Growth & Expansion:
Already this established business is doing $1.1 million a year! High Income, with the low,low rent, is the key to success!
Everything is in place for the new owner to soar, to even bigger heights.
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About the Sale

Reason For Selling:
Other Interests
Training/Support:
Two Weeks
Seller Financing:
Qualified Buyer

Listing Info

ID:
1620109
Ad Detail Views:
0

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Business Listed by

Bart D. Natoli

ReMax Properties Plus

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