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Family Italian Restaurant in prestigious Essex County

Essex County, New Jersey

Asking Price: Gross: Cash Flow:
$160,000 $190,000 $80,685

Furniture and Fixtures Value:
$50,000 (included in the asking price)

Inventory Value:
$3,000 (included in the asking price)

Business Summary:
Beautifully decorated consisting of 2,500 sq. ft. w/ seating for 90 w/ plenty of parking. Home cooked meals at reasonable prices are the cornerstone of its success for this Family owned restaurant. If you are looking for a restaurant w/ long established, built in customer base, come check this place out & see if it is the one for you. Ideal for owner/operator family looking for a long term quality investment w/c has immediate, significant, positive cash flow. Liquor license is available w/c is not included in price.

 
   
   
Year Business was Established: 23
   
Facilities / Terms of Lease: Beautifully decorated consisting of 2,500 sq. ft. w/ seating for 90 w/ plenty of parking. Home cooked meals at reasonable prices are the cornerstone of its success for this Family owned restaurant. If you are looking for a restaurant w/ long established, built in customer base, come check this place out.  
   
Owner willing to finance: Prime + 2% for 2 years  
   
Owner willing to train: 2-3 weeks of training  
   
Reason for selling: Looking to retire  
 

 

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