Restaurants & Food · Restaurants
Semi-Absentee Highly Profitable 37 Yr Old Italian Restaurant
NJ
Asking price
$1,600,000
Cash flow
$504,040
Revenue
$1,245,430
Multiple
3.2×
About this business
This Italian restaurant is a landmark in the community, where it has operated for over 37 years! It has a Pizza/Takeout area in addition to the full-service restaurant, which seats 140 indoors and 40 outdoors, with a separate party room that is rented out for special occasions.
View the full listing on BizBen ↗Short excerpt above. Full description, photos and financials are on the original listing.
Details
| Inventory | $10,000 |
|---|---|
| Furniture, fixtures & equipment | $100,000 |
| Established | 1989 |
| Employees | 14 |
| Lease expiration | 09/30/2031 |
| Lease | $60,000 |
| Location | New Jersey |
