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Food & Beverage

Italian Bar/Restaurant With Real Estate In South Jersey

New Jersey, USA
Updated 4 hours ago
Established 2007

Well established Italian bar/restaurant with real estate for sale in South Jersey. Features two distinct dining settings: a more upscale dining room with a bar, and a separate casual dining area with a pizzeria and sports bar. Outdoor seating and a covered patio complement an extensive menu and wine list. The three dining rooms with indoor/outdoor seating options can accommodate up to 370 patrons.

Employees

30

Real Estate

Real Property Included

Trading Hours

Sun thru Thurs 11a-10p/Fri & Sat 11a-11p. Closed Thanksgiving, Christmas, and the week of July 4th.

Management Type

This business is owner operated.

Premises Details

12,000 square foot building sitting on 1.95 acres with seating for 370 and ample parking. Estimated real estate value of $1,700,000.

Support & Training

Seller willing to assist new owner during the transition period.

Expansion Potential

New owner could increase revenue with advertising, marketing and social media exposure.

Size In Square Feet

12,000

Reason for Selling

Owner is retiring.

Financials

Asking Price
$3.2M
RevenueMost Recent Year
$2.8M
Earnings (SDE)Last Reported
$509K
Assets Value
Undisclosed
Seller Financing
Not available

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