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Great Restaurant Concept with 2 Locations for Sale

Monmouth County, NJ

Seller Financing Available
Great Restaurant Concept with 2 Locations for Sale
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Asking Price: $2,500,000

Cash Flow: $1,284,666

Gross Revenue: $2,133,400

EBITDA: $18,131,300

FF&E: $200,005

Inventory: $21,000*

Established: 2012

*not included in asking price.

Great Restaurant Concept with 2 Locations for Sale

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Business Description

Well established Restaurant Concept and new 2nd location for sale

Full Service Bakery and Italian Restaurant concept with 2 locations for sale or investment opportunity. The Flagship location developed by a well known chef and entrepreneur and the fledgling second location which sales have surpassed the Flagship location in 4 months are located a little over an hour away from each other. The Bakery offers fine Italian Pastries following family recipes going back to the early 1900's and the ala carte dining menu is as delicious and a well received by patrons both new and log standing. This is an opportunity for a restauranteur or investor type to take a concept all the way. This business will sell fast so be sure to respond quickly to this ad .Asking 2,500,000 for each location.

Detailed Information

Location:
Monmouth County, NJ
Inventory:
Not included in asking price
Employees:
-20
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Two locations , one on Staten Island and one in Monmouth County , NJ Staten island location has a liquor license and New Jersey Location sells wine provided by New Jersey Wineries. Each has seating for 100 plus
Competition:
Unique concept and food is amazing, Competition falls short of the food and service offered by this experienced operator .
Growth & Expansion:
Owner either wants to cash out and let someone else takeover or will join in with the right investors to take this concept to the next level.
Financing:
Must be an experienced operator or have strong financials for investment
Support & Training:
Owner/ Operator will stay and train to insure transition or is willing to take on investors to expand the concept by opening more locations.
Reason for Selling:
Too much for one person to oversee .
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Marianne Strahl

Business Listed By:
Jack Fisk

New Jersey Realty, LLC

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