Good Meal before the Shore
Monmouth County, New Jersey
Asking Price: |
Gross: |
Cash Flow: |
$625,000 |
$750,000 |
$179,405 |
Furniture and Fixtures Value:
$400,000 (included in the asking price)
Real Estate:
$0 (included in the asking price)
Business Summary:
Opportunity to own an establish operating Italian family owned restaurant. Standalone building/business seating for 160 (100 for parties) outside seating for 20. Elegant décor fine Italian marble thru out. Business with property and license selling for 1.2 million. Business alone 625,500 down, Liquor license value 350,000. This place can fill up for catered parties 7 days a week. Spacious kitchen is ideal for creative Chef. Consistency of food is one item that can be found every day. Business built on repeat patroness. This is a last place for dinner before reaching the New Jersey Shore Line. Finest and freshest of ingredients are important here.
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Year
Business was Established: 2000 |
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Number of Employees:
4ft/3pt |
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Facilities / Terms of Lease:
on the interior it resembles a lounge/restaurant to be in a movie set every Fixture and piece furniture belongs there. Plenty of parking even for catered events. Every fixture/kitchen fairly new. |
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Potential
Growth/Expansion:
Parties/cratering is the way to go. No competition in area as to quality kitchen fare |
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Competition:
there are several restaurants in area however there are only 2 that have the reputation and dining ambiance to satisfied discriminating customers. |
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Owner
willing to finance:
Owner would accept financing from strong buyer. |
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Owner
willing to train:
2wks |
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Reason for selling:
other business interests |
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REQUEST MORE INFO |
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