Please ensure Javascript is enabled for purposes of website accessibility Profitable Jersey Italian Rest., Liquor Lic. & Real Estate | Transworld Business Advisors Philadelphia Main Line UA-117892563-1

Profitable Jersey Italian Rest., Liquor Lic. & Real Estate

Listing Number: 64646-482405

Description

Selling Financing portion available to qualified buyer. Historic community is the home of this award-winning family Italian restaurant, pizzeria, banquet space, and bar. Complete listing package price of $5,850,000 includes 5+ acres of property, multi level restaurant, bar and liquor license. Gross Sales exceeded $3,000,000 in 2021, surpassing $2,000,000 Gross Sales in 2019 & 2020. Highly coveted liquor license and over 12,000 sq. ft. floor plan, complemented by large parking capacity allowing for up to 120 spots, shows perfectly. Interior and Exterior upgrades exceeding $1,200,000 the past few years reflect marvelously centered around the bar area, kitchen, and banquet facilities. The enormous kitchen boasts ample space to ensure your guests meals are prepared perfectly and promptly. With over 50 dining tables, ample bar space, outdoor dining, and a POS ordering system with direct online access from your customer to the kitchen. No details have been missed by this experienced business family ownership. New ownership may simply follow the existing business model or turn towards a craft brewery or a satellite winery. Serious Buyers with pre qualified funding please contact Doug today @ dmilana@tworld.com. 484-832-7539

Listing Details

  • Price: $ 3,055,000
  • Down Payment: $3,055,000
  • Sellers Discretionary Earnings: $ 1,004,473
  • Total Sales: $ 3,183,074
  • Location: Gloucester County, New Jersey

  • Inventory: $ 150,000
  • FF&E: $ 456,100
  • Employees: 30
  • Year Established: 1965
  • Reason for Selling: New Investments
  • Category: Liquor Related Biz,Restaurants
Profitable Jersey Italian Rest., Liquor Lic. & Real Estate

Business Listed By:

Doug Milana
Want to save this listing? Sign Up Now