Fine Italian Casual Dining

New Jersey

Business Summary: : This fine casual dining restaurant with liquor license is now available. Last year at this time restaurant with fine wine list was doing over $15,000 per week. Entire place is ready to open. Can be set up for catering or A La Carte dining. Kitchen is extensive, Bar seats 6 - dining service area is composed of 3 separate rooms one room can be set for A La Carte other two rooms for private functions. Diversity of usage is key here. Within recent past did several and kept busy doing pharmaceutical dinners. Each room seats over 40. Parking lot is extensive and has two rental properties there. Rental income: Two suites bring in $1,900 per month. In addition, when operating the rest. rental income was $5,400/mo.
Year Business was Established: 13
Facilities / Terms of Lease: Place is set up with large Kitchen,6 seat bar, 3 seperate rooms with capacitiy up to 50 Cove Room, Two other rooms set up for party rooms or A LA Carte.
Potential Growth/Expansion: : Going after mid-size parties ( up to 50) room, A la Carte in one room, other two rooms separate rooms can be set up for privet parties
Competition: This restaurant was always a successful Halian, However can easily be converted to other ethnic restaurant
Owner willing to finance: Mortgage can be obtained, Liquor license included with purchase
Reason for selling: Place recently became available (closed)