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Restaurant

Somerset County, New Jersey

Asking Price: Gross: Cash Flow:
$244,000 $400,000 $90,000

Inventory Value:
$2,000 ( not included in the asking price)

Real Estate:
$655,000 ( not included in the asking price)

Business Summary:
Very pretty italian BYOB restaurant on 2 levels, plus outside seating for 100 approx. $125,000 in value of furniture fixtures & equipment. Rent increases 3% on CPI which ever is greater. Full chef for $20,000 added back to profit to adjust for owner/operator - 2 story building on a 50\'x150\' lot.. For further information, please contact 908-851-9040 and ask to speak with Howard Goldberg Ext 209.

 
   
   
Year Business was Established: 1992
   
Number of Employees: 2FT/1PT  
   
Facilities / Terms of Lease: 2700 sq.ft on 2 levels, street and rear lot parking nice condition. Seller will give a 5yr lease + 5yr option.  
   
Owner willing to train: 2 weeks  
   
Reason for selling: Involved in his construction business. No time to handle restaurant.  
 

 

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