Est. Italian Restaurant for Sale in New Jersey - Business for Sale
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Italian Restaurant and Banquet Facility in New Jersey
NJ, US
Added 7 months ago
Italian Restaurant and Banquet Facility
27 years in business
An established Italian restaurant and banquet facility in New Jersey with two banquet rooms and seating for approximately 400 guests, operating for 27 years and serving events such as weddings, corporate functions, and catering.
Key Information
Asking
$950K
Revenue
$1.7M
Earnings
$400K
Multiple
2.4x
Key Highlights
- 27 years in operation
- Business employs approximately 20–30 staff members
- Facility includes two banquet rooms with combined seating for approximately 400 guests
- Liquor license is included in the rent
- Owner financing is available
- Owner/chef willing to remain for at least two years post-sale
- Approximately $100,000 in additional cash income, verifiable through receipts during due diligence
Contact Info
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