Italian Restaurant In Great Location For Sale
Location New Jersey,United States
Asking Price Range < $250K
Gross Revenues $338000
Net Profit / Cash Flow $71500
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2006
Number of Employees 6 - 9
Relocatable Not Disclosed
Number of Employees 6 - 9
Real Estate Leased
Description Italian restaurant for sale in up scale town surrounded by upper income communities, located
on the busiest through street. The restaurant has a chef, which would make this a
great opportunity for a chef or partners. The menu is not shy charging anywhere from 14. to 22. dollars for a dinner and 7 to 12 for appetizers. They are the only place in town that has outside seating approval for an additional 25 customers. Inside they can seat 55 in 1,400 SF with full basement that is used for prep. They also have some major accounts that guarantee catering for lunch. Chef's salary is 1000. a week this can be added to the current income providing that the new owner assumes the cooking.
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