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BUSINESSES FOR SALE

If you are looking to buy a business or sell a business, GlobalBX can help you. GlobalBX is a free business for sale listing exchange that provides a confidential forum to facilitate the buying and selling of businesses with thousands of businesses and franchises for sale as well as comprehensive business information for business buyers and business sellers. Buy a business, sell a business, find a franchise for sale or franchise opportunity at GlobalBX. Click Here to access GlobalBX's full site.

Businesses For Sale   >>   Food and Beverage Businesses For Sale Categories   >>   

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Italian Restaurant With Wine License

Location  New Jersey,United States
Asking Price Range  $250K - $500K
Gross Revenues  $850000
Net Profit / Cash Flow  $90000
Cash Flow Type  EBITDA
Seller Finance  Yes
Year Established  1995
Number of Employees  10 - 19
Inventory  $175,000 equipment & $2,000 inventory.
Relocatable  No
Number of Employees  10 - 19
Real Estate  Leased
Training  The seller will supply a full transitional period and remain thirty days post closing.
Reason for Sale  The seller is retiring after many years of success in the retail food industry.
Description  Beautiful Italian restaurant in a quaint, affluent area of Bergen County, NJ. This 18 year old restaurant offers fine Italian cuisine and an extensive wine list. The area attracts local patrons and shoppers from all over, making this restaurant a destination. The business grosses roughly $850,000 and the seller can verify a net income of $90,000. The interior is warm and comfortable and the price has been set well below market value. The facility has recently been upgraded with an attractive image and consists of 3,000 square feet in a warm comfortable setting. The facility has large bay windows, wonderful lighting and a very attractive setting. This business must be seen to be fully appreciated. Located in an upscale municipality of Northern Bergen County, New Jersey on an active commercial avenue with a numerous businesses. The general area hosts a huge volume of businesses, and acts as an entertainment hub for various surrounding communities. The facility has recently been upgraded with an attractive image and consists of 3,000 square feet in a warm comfortable setting. The facility has large bay windows, wonderful lighting and a very attractive setting.
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