Somerset County, NJ Italian Restaurants For Sale

Italian RestaurantsNew JerseySomerset

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Popular Italian Restaurant/Pizzeria
$249,000Cash Flow: $110,000Seller Financing
Popular Italian Restaurant/Pizzeria

Somerset County, NJ

Solid business opportunity for this family owned and operated restaurant / pizzeria with a gross income of $725,000 and a consistent yearly net income of $110,000. They use the freshest, flavorful ingredients to prepare their authentic Italian dishes in a family friendly atmosphere and serve lunch and dinner 7 days a week and deliver for their customer’s convenience. The business is also very well known for its convenient location for business meetings or dinner with friends. For the past five decades, this restaurants reputation maintains the highest standards when it comes to the quality of fine Italian cuisine. From hand cut veal and chicken, the Black Angus Beef, the vegetables and seafood that are delivered fresh daily, which is like no other. Beyond the traditional Italian dishes, you will find a variety of other selections with daily specials with their Stuffed Portobello Mushroom, to the Fried Calamari that hundreds of faithful customers swear it is the best in the state. Their pizzeria, not to be outdone by the generous portions has some signature pizza of its own. Besides great food, the restaurant is well known in the community and has sponsored a little league team since 1995. They have donated gift certificates, food, and time in the form of cooking demonstrations to various organizations in the community. They are proud to be known as one of the oldest restaurants in Somerset County. This business has ten full & part time employees who are unaware of the pending sale and fully expected to remain post-closing, monthly payroll $13,800. The sale has an assignable commercial lease which expires 2030-01-01 plus additional options, with a monthly rent of $6,080, cost per square ft. is $24.32 and rent security $12,000. The business assets have an estimated value of $170,000 and the sale consists of a fully equipped Pizzeria & Restaurant. The business is active seven days per week, with hours from 11:30 am to 9:30 pm. The sale includes a certificate of occupancy from the municipality and the required state or city food licenses to conduct its day to day business. The business has been valued at $249,000 based on a multiple of the net yearly income and the value of the specific business assets and seller financing has been approved to a qualified buyer with an appropriate down payment, collateral and credit rating. This is a dependable business opportunity and based on the asking price, required down payment and yearly net income, this business expects to supply a consistent investment return to the owner operator prior to debt service. Please do not disturb business, this sale is confidential, the employees are Unaware of the pending sale, all viewings are by appointment only and photo does Not represent this business opportunity.

Finest Five Star Dining with Elegant Ambiance
$159,900Seller Financing
Finest Five Star Dining with Elegant Ambiance

Somerset County, NJ

Authentic Italian Ristorante! Food is their passion! Somerset County's authentic Italian cuisine is a five star sumptuous feast! This is an elegant table cloth restaurant with top quality white glove service! BYOB. They use only the finest and freshest of ingredients to create dishes that will excite your taste buds. The food is all home made, using classic Italian recipes and they add a culinary flair to all their dishes. The incredible flavors and food combination they use can not be compared. This is a gourmet palette's dream. The setting, warm ambiance and atmosphere make this a memorable dining experience. It is pleasing to to palette,the eyes and all the senses! People come here from miles around to enjoy this elegant dining atmosphere and delicious dishes,impeccable service and attention,that can't be found anywhere else.The elegant, private, romantic and intimate dining rooms with a cozy fireplace or the beautiful,outside patio dining experience will bring people back again and again.

Young Italian Restaurant & Pizzeria for sale
$159,000
Young Italian Restaurant & Pizzeria for sale

Somerset, NJ

Italian Restaurant and Pizzeria with or without property for sale. A very profitable business in most affluent area surrounded by corporate buildings, schools and residential areas. Private dinning room seats 45. Pizza area seats 16. A lot of chances to increase profit. Perfect for partner. Buy business and property or just business


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