Established Top Rated Brick Oven Pizzeria & Northern Italian Cuisine.
Middlesex County, NJ
| Asking Price: | $890,000 |
| Inventory: | $10,000 |
| EBITDA: | $413,000 |
| Gross Revenue: | $2,018,750 |
| Rent: | $10,000/Month |
| Established Year: | 2000 |
Listing ID: 2298596Listing provided by BizBuySell
BUSINESS DESCRIPTION
Well maintained restaurant and affordable menu selection, highly rated on all online platforms.
High visibility location on the main street into the town. Surrounded by medical practices, the largest hospital and the largest corporate office complex in the area.
Fully staffed with owner managing the store & purchasing.
ATTACHED DOCUMENTS
DETAILED INFORMATION
Location
Middlesex County, NJ
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
6,500
Lease Expiration
31/12/2039
Employees
18
Facilities
The restaurant has 80 seats plus outside seating and private party rooms for small and large events, over 2 floors with handicap elevator, for a total of 6,500 SF and 50+ car parking lot.
Attractive 15 year lease, below market at $10,000/Month with 3% annual increases.
Real Estate Taxes $27K/YEAR.
All equipment has been well maintained and is in excellent working order.
Competition
This restaurant is always busy with eat-in, take-out, delivery and private parties.
Attracts families for a night out, with affordable pricing.
This is a fantastic opportunity with STABLE income.
Growth & Expansion
Limited advertising and 4-5 star online-sites ranking reviews.
A strong social media initiative will drive restaurant sales and in-house catering.
Support & Training
Owner will transition
Reason for Selling
Retiring
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