Asking Price: $425,000 Gross Revenue: $1,100,000Cash Flow: Not DisclosedEBITDA: Not DisclosedInventory: Not Disclosed FF&E: Not Disclosed included in asking priceReal Estate: Not Disclosed Share this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
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
Passaic County, New Jersey
Number of Employees:
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.
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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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
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