Classic Italian Bistro in Suburbs Catering
Morris County, New Jersey
| Asking Price: |
Gross: |
Cash Flow: |
| $425,000 |
$950,000 |
$191,000 |
Furniture and Fixtures Value:
$350,000 (included in the asking price)
Inventory Value:
$8,000 ( not included in the asking price)
Business Summary:
Brand new Pizza/Restaurant doing $15,000 weekly after 5 weeks of being open. Projected figures would be $19,000 week within one year. Meticulously designed and placed together aesthetically in a highly commercial area located in a 20 plus strip mall with plenty of parking. The opening during the middle of summer was planned that way, because when September comes around a new dinner menu planned to introduce a classic Italian menu with many new items available not found anywhere within this area. Delivery Ad will start selected new menu items are easily prepared and will give a higher profit levels to this well conceived establishment. Spacious facility seats 74 comfortably in 2,600sq.ft. (Basement 6,000sq.ft) in a summation projected figures are on low side. Every fixture is new and the best available. Rent includes taxes and cam. By end of 1st year this place will be doing over $20,000 weekly. This is a variation of only $5,000 per week between the summer months and the end of year after September figures would increase 20% automatically. OWNER CANNOT STAY, WILL TAKE LOWER DOWN PAYMENT FROM STRONG BUYER. For further information, please contact Vito Mastromonaco at 908-851-9040 Ext 285
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| Year
Business was Established: 2011 |
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| Facilities / Terms of Lease:
Spacious 74 seat pizzeria main themed Restaurant. Brand new 1 month old newest in best equipment in a mall setting with plenty of parking in a commercial area. |
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| Potential
Growth/Expansion:
This facility is still in its start up stage and is doing fantastic figures after only one month $15,000 week- main emphasis is for September to start off with new menu and delivery advertising |
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| Competition:
This is the new comer taking business away from other food establishments in area |
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| Owner
willing to finance:
Owner will finance $175,000 with rates and terms to be negotiated |
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| Owner
willing to train:
2 weeks |
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| Reason for selling:
Owner builds and sells Superior designed Pizzeria/Restaurants for project |
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| REQUEST MORE INFO |
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