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Restaurant - Bar - Catering

Union County, New Jersey

Asking Price: Gross: Cash Flow:
$2,900,000 $1,200,000 $444,851

Furniture and Fixtures Value:
$0 (included in the asking price)

Inventory Value:
$100,000 ( not included in the asking price)

Real Estate:
$2,000,000 (included in the asking price)

Business Summary:
Turnkey bar-restaurant – catering operation with property – See Ted for showing – possible seller financing to qualified buyer. For further information, please contact 908-851-9040 Ext. 269.

 
   
   
Year Business was Established: 1979
   
Number of Employees: 11FT  
   
Facilities / Terms of Lease: 10,000 sq. ft. restaurant, bar, & catering hall – extension menus with old world Italian cuisine featured – something for everybody; seats up to 450 people  
   
Potential Growth/Expansion: See Ted for expansion possibilities  
   
Competition: Limited  
   
Owner willing to finance: Possible seller financing up to $500,000 to qualified buyers  
   
Owner willing to train: 2-4 weeks  
   
Reason for selling: Retirement  
 

 

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