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 5 months ago
Italian Restaurant and Banquet Facility
27 years in business
A well-established Italian restaurant and banquet facility in New Jersey with two banquet rooms accommodating up to 400 guests, operating for 27 years and serving events such as weddings and corporate functions.
Key Information
Asking
$1.2M
Revenue
$1.7M
Earnings
$400K
Multiple
3.0x
Key Highlights
- Business has been operating for 27 years
- Seating capacity is approximately 400 guests across two banquet rooms
- Staff size is approximately 20–30 employees
- Liquor license is included in the rent
- Owner/chef is willing to remain for at least two years post-sale
- Approximately $100,000 in additional cash income is reported, verifiable through receipts during due diligence
Contact Info
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