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Asking Price$175,000
Revenue$900,000 Established2019
Cash FlowUndisclosed Employees11 full-time
FF&E$120,000 FranchiseNo
InventoryUndisclosed RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Wonderful business opportunity to own this successful casual restaurant in a popular area of Monmouth county, New Jersey. Owner is relocating and must sell; he will accept an aggressive price with possibility of owner financing. This ultra-modern Mediterranean restaurant inspired cuisine mixed with a New York attitude, flavorful herbs and spices combine textures to appease broad-based palates. The business has a consistent $18,000 weekly gross income which is projected to substantially increase during the next twelve months. Their attentive staff ensures the entire dining experience is stellar from beginning to end. Whether part of a party of fifty or a party of two, the experience throughout is elegant and enjoyable. They offer a variety of traditional and locally sourced dishes such as naturally raised rotisserie meats, pastas, fresh fishes, and much more. Their down to earth, but charming atmosphere is designed to appeal to those who value a homelike environment. The restaurant is available for private parties’ lunch or dinner and their family room offers a private room for special events. They cater to all occasions and their management staff will help develop the perfect menu for a social event. This is a dependable safe business opportunity.
Facilities:This restaurant business opportunity is in central New Jersey, Monmouth County, which consists of highly populated communities with continued demand for this food service and service industry. The retail facility which consist of approximately 4,800 square feet has a very attractive appealing appearance. The business consists of a free-standing structure on an active county road with substantial visibility.
Competition:To the best of our knowledge, due to various circumstances, no other new competitors are expected near to this business. Additionally, the owner has agreed to supply an appropriate non-compete agreement to the purchaser
Sale Reason:Owner Relocating.
Ad #116490
Seller Reference #REST739
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Contact This Seller
Ron Cervelli
Regal Consulting Corp.
973-837-0808
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