Italian Dining BYOB
Essex County, New Jersey
Asking Price: |
Gross: |
Cash Flow: |
$329,000 |
$480,000 |
$152,626 |
Inventory Value:
$2,000 (included in the asking price)
Business Summary:
Prime location on major US Highway, located within nationally recognized hotel chain. Hotel customers provide constant built in business. Unbelievably low rent for affluent area, unlimited parking. Private party room is available. Included in purchase is highly sought after NJ State wine license perfect for chef/owner (add $45,000 to the bottom line). Can also be run semi-absentee. For further information, please contact. 908-851-9040 and ask to speak with James Flippin at Ext 265.
|
|
|
|
|
|
Year
Business was Established: 1995 |
|
|
Number of Employees:
4FT/4PT |
|
|
|
Facilities / Terms of Lease:
2,100 square feet dining room and party room included. Ample parking for hotel/restaurant. |
|
|
|
Potential
Growth/Expansion:
$45,000 additional profit for owner/operator chef. Increase catering and party room business. |
|
|
|
Competition:
Limited. Built in business from Hotel |
|
|
|
Owner
willing to finance:
Prime + 1% for experienced buyer |
|
|
|
Owner
willing to train:
as needed/ negotiable |
|
|
|
Reason for selling:
Other opportunity |
|
|
|
REQUEST MORE INFO |
|
|