We sell more businesses than anyone in the world.
Icon Login Login
find your local office
Icon Menu Menu Icon Browse listings Browse listings
find your local office
Browse listings

Upscale Italian Restaurant & Bar, with Real Estate Available

Mail Print Save

Restaurants & Food Businesses for Sale

  • Primary Industry: Italian Restaurants

This is an upscale family owned Italian restaurant and bar with a valuable liquor license and owned property for sale. It was established 56 years ago and has remained in the family ever since. Recently, it has been totally renovated to provide a unique and memorable experience for its customers. Each day, the owner is present in order to ensure that every entrée is prepared to its impeccable standards. In 2019 this restaurant was voted best in county

The restaurant has 3 levels with 5,700 square feet of dining space, 3 bars and seating for 258 people including the bar seats. The bar has just opened and business is increasing dramatically each day. A personalized event can be enjoyed in the lower level banquet space. Large parties of over 75 people can be accommodated. It has a large parking lot. In addition, the renovated property is for sale. It includes separate rental income units.

The owner believes that customer service as well as fresh products are the key ingredients to being successful. Customers are treated like family. This restaurant's mission is to make memories for customers in the presence of family, good friends, and great food.

What sets this business apart from others is: It has the only active liquor license in town. It offers a unique memorable experience. There are no similar restaurants in town or in the surrounding area. As a result, this restaurant has been extremely successful and experienced tremendous growth over a short period of time. This business is well positioned for further expansion

A savvy new buyer will be able to increase this growth by taking its successful business model and applying it to its own business plan. The ideal buyer will be an individual or group who has experience in the restaurant industry and recognizes the potential of this unique business.

Financial Information

  • $2,500,000 Asking Price
  • $382,000 Cash Flow
  • $2,116,000 Gross Revenue
  • On request Down Payment
  • Yes Financing

Business Location

  • City: Southern New Jersey
  • State: New Jersey

Reason for Sale

  • Other Business Interests

Detailed information

  • Year Established: 1965
  • Home Based: No
  • Franchise: No
  • Relocatable: No
  • Lender Prequalified: No
  • SBA Prequalified: No
  • Full-Time Employees: 7
  • Part-Time Employees: 21
  • Contractors: N/A
  • Owner Worked Hours/w: N/A
  • Inventory Included: No
  • Inventory Value: N/A
  • Monthly Rent: On request
  • Real Estate Available: Yes
  • Real Estate Included: No
  • Real Estate Value: $3,400,000
  • Building Size: 5700
  • FF&E Included?: No

Training/Support

  • Seller will negotiate a transition period

Real State Description

  • Real estate is available for lease or purchase
Business Listed by
image of Frank Caroselli
Frank Caroselli
Sunbelt of Linden
Email Frank
Show Phone Number
Listing ID
LINDENJ001-48289

Contact Business Broker

"*" indicates required fields

This field is for validation purposes and should be left unchanged.
Name*
Newsletter

Similar Businesses for Sale

Image of Iconic Fine Dining Restaurant, Extremely Well-Priced Save

Iconic Fine Dining Restaurant, Extremely Well-Priced

 Birmingham, Alabama

A white tablecloth experience and an unmatched bar. The staff and kitchen bring the very best to a memorable evening....

$1.708m Gross Revenue
$127.1k Cash Flow
Asking Price $385k
View Listing Save
Image of Kava Bar for Sale – Growing Revenue – Prime FL Location Save

Kava Bar for Sale – Growing Revenue – Prime FL Location

 Ormond Beach, Florida

Asking Price: $69,999 Location: Ormond Beach, Florida Square Footage: Approx. 1,000 sq. ft. Business Type: Kava Bar / Beverage Lounge...

N/A Gross Revenue
N/A Cash Flow
Asking Price $69.9k
View Listing Save
Image of Series 6 Bar Opportunity: Real Estate + Liquor License + Lifestyle Save

Series 6 Bar Opportunity: Real Estate + Liquor License + Lifestyle

 Mohave County, Arizona

Own The Building, The License, & The Business High-Energy Mohave County Bar with Rare Series 6 License, Real Estate, &...

$250k Gross Revenue
Asking Price $1m
View Listing Save
Image of Thriving Edible Arrangements Franchise – Award-Winning Location! Save

Thriving Edible Arrangements Franchise – Award-Winning Location!

 Confidential, Florida

Business Overview Step into a well-established Edible Arrangements franchise, with 85% brand recognition nationwide, that has been delighting customers since...

$476.4k Gross Revenue
$21k Cash Flow
Asking Price $75k
View Listing Save
Image default for listing Sunbelt Save

Popular Franchise Restaurant for Sale

 Halifax, Nova Scotia

Popular franchise restaurant that features healthy foods. This location boast a large sit down venue (4761 Sq ft), a drive...

$790k Gross Revenue
$100k Cash Flow
Asking Price $340k
View Listing Save
Image of 100% Turnkey Waterfront Restaurant Save

100% Turnkey Waterfront Restaurant

Gulf Coast , Florida

This restaurant is designed to be managed by an absentee owner, if desired. There are two general managers in place...

$3.400m Gross Revenue
N/A Cash Flow
Asking Price $4.500m
View Listing Save