Italian Restaurant with Large Building

Bergen County, NJ
listing image
Asking Price:$2,700,000
Gross Revenue:$1,450,000
Established Year:1996
Cash Flow:$200,000
Real Estate:$2,200,000
BUSINESS DESCRIPTION

Restaurant and private venue facility

Large established Italian restaurant with 4 dining rooms including rooms for private events up to 100 guests. Separate bar area as well. 2 operating kitchens. 1 large outdoor patio divided in 2. One can be used for private events and the other for outdoor seating. We specialize in smaller private parties (up to 100 guests) with private rooms. Buffet and pre fix menus are currently being used for these events. Plenty of parking on the property, street and lot across street. We manufacture our own pasta. Liquor license included and can be used throughout the property. This restaurant provides different areas of sales and cash flows. Overall, revenue derives from 5 different types of services we provide. In business for 28 years with original owner. Willing to separate business from real estate if interested in business only. Favorable rent terms. Will go over all numbers.


DETAILED INFORMATION
Location
Bergen County, NJ
Inventory
Included in asking price
Real Estate
Owned
Included in asking price
Building SF
7,800
Employees
20
Facilities
Large building roughly 8000 square feet. Property in .56 acres. Located on very busy street. Full report available.
Competition
Located on a busy street. The town has lots of industry and households. Every major highway connects through the town. Lots of well established name businesses in town. No other restaurant like this one in the area.
Growth & Expansion
There is always room for improvement in this business. Will explain more once we speak.
Support & Training
100% support and training. Will stay until you are comfortable and confident.
Reason for Selling
Retiring
Report an Issue with this listing
Gabriel Heredia
Gabriel Heredia