Business Summary

Asking Price: $350,000
Gross Income: $975,000
Cash Flow: $216,000
EBITDA: N/A
FF&E: $100,000
Inventory: $20,000*
Real Estate: N/A
Established: 2005
Employees: 12-15

Business Description
This is a 5700 square foot stand alone restaurant with a spacious and fully equipped kitchen serving great southern Italian food. The restaurant books 10-15 private parties most monthly during the season. it has amply parking and is freshly decorated and truly a turnkey operation. With seating for 200 in two dinning rooms plau 15-20 at the bar.Price includes a New Jersey liquor license which has a value or over $100,000.

Detailed Information
Inventory: Not included in asking price
Furniture, Fixtures, & Equipment (FF&E): Included in asking price
Facilities: Free Standing location with 5700 square feet! Hours of Operation: 12pm-10pm 7 days a week
Support & Training: 2-4 weeks
Reason for Selling: Retiring

Property Details