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 yearly triple net income is approximately $8,000, and for qualified buyers, seller financing options are available.
- Asking Price:
- $1,500,000
- Sales Revenue:
- $1,800,000
- Cash Flow:
- $500,000
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