Bergen Epicurean All Italian

Bergen County, NJ

Seller Financing Available
Bergen Epicurean All Italian

Asking Price:$129,900

Cash Flow:$95,435

Gross Revenue:$260,000

EBITDA:N/A

FF&E:$100,000

Inventory:N/A

Rate/Sq. Ft.:N/A

Established:18

Bergen Epicurean All Italian

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Business Description

One of two full service Italian Dinner Places in the Bergen epicurean center of Ridgewood; Very conscientious owner who follows portion control and places menu items that have high mark ups. Sees new customers every week and is growing in customer count. Seats 38 in dining room does 200 customers weekly and only open for dinner; No deliveries. Average check per person over 40; no sides given away with any meals; Selling mark up high with cost of sales very low. Great reviews; level of selling price Pellegrino $6.95

Detailed Information

Real Estate:
Leased
Building Sq. Ft.:
N/A
Lease Expiration:
N/A
Employees:
4
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Small/comfortable 38 seats; top notch conditions make over 1 year ago; street metered parking on Commercial Street; great 20 year lease.
Competition:
Only one other full service Italian in this township known for its fine restaurants
Growth & Expansion:
Delivery; advertising and open for lunch
Financing:
Owner would accept $20,000; Financing payable in two years
Support & Training:
2 weeks
Reason for Selling:
Owner wants to re-establish similar place in Toms River area

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Vito Mastromonaco

Business Listed By:
Vito Mastromonaco

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