Please ensure Javascript is enabled for purposes of website accessibility Profitable S. Jersey Italian Restaurant, Liquor License, and R | Transworld Business Advisors Philadelphia Main Line UA-117892563-1

Profitable S. Jersey Italian Restaurant, Liquor License, and R

Listing Number: 64646-482405

Description

Historic community is the home of this award-winning family Italian restaurant, pizzeria, banquet space, and bar. Located on over 5 acres of property, this 3-floor building has many upgrades. Improvements exceeding $1,200,000 over 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, Gross Sales have exceeded over $2,000,000 each year, for the past 3 years, including 2021. 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. No details have been missed by this experienced business family ownership. Real Estate additional and priced at $2,795,000. 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: $ 459,751
  • Total Sales: $ 2,087,680
  • 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 S. Jersey Italian Restaurant, Liquor License, and R

Business Listed By:

Doug Milana
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