Italian Restaurant,Party Room/ Liquor License *PROPERTY AVAILABLE!

Passaic County, NJ

Seller Financing Available
Restaurant/Party Room/Liquor License
Contact Seller

Asking Price: $649,900

Cash Flow: N/A

Gross Revenue: $1,400,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: 2000

Italian Restaurant,Party Room/ Liquor License *PROPERTY AVAILABLE!

Save Print Share Valuation Report

Business Description

This beautiful fine dining, ala carte,white tablecloth restaurant seats 75 in the dining room and includes a party room that also seats an additional 75 people. There is a liquor license included.

*** Option to buy the property,building and business for $1,400,000!

A beautiful patio offers another 32 seats. This is a free standing building with a parking lot that comfortably holds 50+ cars. The beautiful banquet facility is available for corporate and private functions.
The new owner can easily continue and expand this already successful restaurant. Great investment for Chef owner.
Possible option to purchase the property.

Detailed Information

Location:
Passaic County, NJ
Facilities:
* OPTION TO PURCHASE PROPERTY,BUILDING BUSINESS AND LIQUOR LICENSE FOR $1,400,000! Fine dining at its best! Desirable fine dining restaurant with a liquor license and plenty of parking, with an excellent proven income,equates to the best deal! Rent is $7,000 net. Lots of seating for 75 guests,plus a party room for 75 guests, which brings in big revenue for parties, special events and celebrations. This long established and successful restaurant business has been a landmark for over 18 years. Located in Passaic County. Easily accessible from major highways Route 80,20 and Route 46. People come from miles around to eat here because of their excellent reputation and fine traditional Italian food. This million dollar + business can be yours.
Competition:
This is a beautiful and popular dining destination, not only for their delicious ala carte restaurant,with its fine dining and ambiance but, for private banquet and private party functions. Having the liquor license makes this a total package of fine dining,elegant atmosphere with, white table cloth elegance and service. This total combination is a rare find. Great investment with a long established,consistent and proven track record for making money.
Growth & Expansion:
The 18 years of successful business is the most desirable indicator of a good investment. There is plenty of opportunity to grow this business even more,when you have a beautiful restaurant,fantastic sales, great location,excellent reputation, free standing building, a large parking lot and million dollar sales+ You will definitely want to the option to purchase the property, to guarantee your future.
Financing:
TBD To Qualified Buyer
Support & Training:
Two weeks.
Reason for Selling:
Other interests
Contact Seller

Contact the Seller

(from currently available funds)
 
Contact Seller Loading

Bart D. Natoli

Business Listed By:
Bart Natoli

ReMax Properties Plus

Show Phone Number

View My Listings

Listing Statistics

Unlock

Demographic Information

Unlock


Ad#:1634850 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.


Similar Listings


Flannel Jax

Franchise Opportunity In NJ
Cash Required: 150000