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Elegant Italian Restaurant and Lounge

Bergen County, NJ

Elegant Italian Dining and Lounge
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Asking Price: $595,900

Cash Flow: N/A

Gross Revenue: $1,000,000

EBITDA: N/A

FF&E: N/A

Inventory: $50,000*

Established: 2010

*not included in asking price.

Elegant Italian Restaurant and Lounge

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Business Description

This restaurant has all the ingredients you need; great food, great company, and great spirits to make any occasion you celebrate here, a memorable one.
They serve the finest Italian food and the popular Bar/Lounge, make this a winning combination for success.
Located in Northern, Bergen County, N.J.
The Restaurant and Lounge offers patrons a traditional Italian cuisine, in a modern stylish atmosphere. It is highly reviewed as Bergen County’s best new Italian Restaurant.
This casual Italian restaurant, will make you feel like part of their family!

Detailed Information

Location:
Bergen County, NJ
Inventory:
Not included in asking price
Employees:
11
Facilities:
The restaurant seats 92 in the Dining Room, 24 in the Bar/Lounge and Outside seating for 90. They are open 6 days a week and closed on Monday. Hours 11:45-9:45. Sunday 11:45-9:00 pm. The low rent of $4500 a month Net. Long lease options 5 year, plus a 20 year option. Parking for 50 + Street. Low expenses. Desirable liquor license is included. Fully equipped and successful business is doing over a million dollars a year! They can accommodate parties both large and small as well as, indoors and outdoors. There is a lounge that offers 12 bar stools and 2 High top tables. The Bar/ Lounge is a quaint setting for smaller gatherings and parties, of up to 30 people. They also can easily cater to larger gatherings and parties, in their main dining room, serving up to 100 guests. The beautiful outdoor patio, can be tented, to accommodate up to 100 guests. There are plenty of options to make money here. Whether it’s an office party, birthday celebration, Christening, Bridal shower or even a Wedding,they can design a customized menu to suit any budget. Bring your own expertise to this already successful,Italian Restaurant and Lounge!
Competition:
The prime Bergen County location and reputation this restaurant has established, offers the new owner an opportunity to own one of Bergen county's, premier restaurants and Bar. The popularity of owning this successful restaurant with a liquor license, is a rare commodity. This million dollar restaurant sets itself apart with its fine traditional Italian food, the Bar/Lounge, catering events, outdoor seating and the outstanding location. No competition in this area!
Growth & Expansion:
This diversified restaurant and lounge offers plenty of options for growth! The best Bergen County location, in an a beautiful, upscale town. It is a free standing building with plenty of parking. It is a popular "go-to" place,not only for the great Italian dishes,but for the comfortable bar and lounge! The ambiance of the elegant dining room and the popular Bar/Lounge, makes this restaurant one of the most desirable dining spots, in Northern N.J.
Financing:
TBD
Support & Training:
Two weeks
Reason for Selling:
Other Interests
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(from currently available funds)
 
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Bart D. Natoli

Business Listed By:
Bart Natoli

ReMax Properties Plus

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