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Italian Dining In New Jersey For Sale

New Jersey, US
Asking Price:
$1,500,000
Sales Revenue:
$1,800,000
Cash Flow:
$500,000

LISTING ID # 36072

Experience the perfect blend of location, ambiance, and Italian cuisine at this outstanding restaurant in Ocean County, New Jersey. With a spacious 70-seat capacity, this BYOB Italian eatery offers a delightful dining experience. It caters to a diverse clientele, with 60% dine-in patrons and 40% opting for convenient carry-out and catering services. The business operates efficiently with minimal owner involvement, potentially making it eligible for SBA financing. The monthly triple net rent is approximately $8,000, and for qualified buyers, seller financing options are available. For further information, please reach out to broker David Bock. Don't miss out on this exceptional opportunity!

Business Operation

Reasons for selling:

Family

Employees:
9 FT/7 PT
Years established:
5

Other Information

Support & training:

Seller will train

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

750,000.00 Down & balance of $750k for 60 months @ 7%

Furniture / Fixtures value:
$375,000