Business Summary
Lightly projected number for first year of operations, Experience majority owner now part time at the helm. Now doing over 6,000 weekly. Extremely low over head course, 3100 per month cover all operating rents and cost. Because of this profit first year will over 100000. This is the only food concession in a major hotel chain. This Italian BYOB restaurant will show over $100,000 first year. Room service and all hotel catering ( 1 private) and dinner is thru this restaurant thru the hotel. Large kitchen two separate serving room up 50 seating each. Kitchen equipment in owned by lessee since new owner took over business is increasing should do over 1000 week by the end first year. Presently run semi absentee most of trade is hotel guests From this 70 room national hotel chain Has parking for over 100 cars, remarkably low rent per square feet 1/3 of area rents called for. New Jersey wine can easily be obtained. Because owner has several business to run he wants out and short sale as possible, all cash offers of close to 125,000 would be accepted.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Additional Details:
The property is leased.
This is not a home based business opportunity.
This is not a franchise resale opportunity.
Property Details
Other Business Details
Premise Details:
Large kitchen two separate serving room up 50 seating each. Kitchen equipment in owned by lessee since new owner took over business is increasing should do over 1000 week by the end first year.
Competition:
More advertising to pick up travelers on well traveled state in front of place.
Business Operation Details
Support & Training:
The owner is not willing to train/ assist the new owner.
Miscellaneous Details
Reason For Selling:
Owner has other businesses and takes him too long.
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