- Listing ID: 906822
- (Seller ref: REST125)
Beautiful Italian Restaurant On The Lake For Sale
- Location:
-
- USA
- > North East
- > New Jersey
- > Sussex County
- > Sussex County
- Category:
- Type:
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Summary
- Asking price:
- $325,000 (Furniture / Fixtures included)
- Sales revenue:
- $550,000
- Cash flow:
- $130,000
- Years established:
- 15
- Employees:
- 17
Business description
A cozy Italian Restaurant with a beautiful lake view is located in a prime, commercial area of Sussex County, New Jersey. This is truly a one of a kind business due to the outstanding picturesque view and visitor attracting location. The restaurant facility is very ample with additional outdoor seating. The business has a stable annual income of $550,000+ and nets above $100,000 for the owner. The present owner is relocating out of the area and will train and finance the sale to a qualified buyer. Please call for further details.
Property information
- Real Estate:
- Lease
- Lease terms:
- An existing longe term lease expiring on 2022 is available for transfer. The monthly rent is approximately $4,141.
- Leasehold rent:
- $49,692 per annum
- Location:
- The facility consists of 2,000 square feet with an indoor seating capacity for 121 people and additional outdoor seating.
- Size in square feet:
- 2,000
Other information
- Expansion potential:
- By implementing a delivery service and with updated marketing the business can improve further.
- Competition / Market:
- No other similar Restaurants with nearby attractions and breathtaking views exist in the general area.
- Support & training:
- Seller will provide a full due diligence and transitional period.
- Reasons for selling:
- Other Business Location out of the area.
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
- Seller financing is available
- Furniture / Fixtures value:
- $125,000 (included in the asking price)
- Inventory / Stock value:
- $5,000
Contact the seller
For more information about this business for sale, click the Contact Seller button.
Please only contact this seller if you have a GENUINE interest in buying this business. DO NOT MAKE CONTACT if you wish to sell your third party goods or services as you will be blocked from this site.
need to search again?
- USA
- > North East
- > New Jersey
- > Sussex County
- > Sussex County
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