Well established Italian bar/restaurant with real estate for sale in South Jersey. Features two distinct dining settings: a more upscale dining room with a bar, and a separate casual dining area with a pizzeria and sports bar. Outdoor seating and a covered patio complement an extensive menu and wine list. The three dining rooms with indoor/outdoor seating options can accommodate up to 370 patrons.
- Asking Price:
- $3,199,000
- Sales Revenue:
- $2,750,000
- Cash Flow:
- $509,140
Property Information
- Real Estate:
-
Real Property Included
- Premises Details:
-
12,000 square foot building sitting on 1.95 acres with seating for 370 and ample parking. Estimated real estate value of $1,700,000.
- Size in square feet:
- 12,000
Business Operation
- Management type:
- This business is owner operated.
- Expansion Potential:
-
New owner could increase revenue with advertising, marketing and social media exposure.
- Reasons for selling:
-
Owner is retiring.
- Trading hours:
-
Sun thru Thurs 11a-10p/Fri & Sat 11a-11p. Closed Thanksgiving, Christmas, and the week of July 4th.
- Employees:
- 30
- Years established:
- 2007
Other Information
- Support & training:
-
Seller willing to assist new owner during the transition period.
