Semi-Absentee Highly Profitable 37 Yr Old Italian Restaurant - Business for Sale

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Italian Restaurant with Takeout and Party Room in Camden, NJ

NJ, US
Added today
Food & Beverage, Retail Stores
37 years in business
RemoteAbsentee / Semi-AbsenteeRetiring Owner

Italian restaurant with dine-in, takeout, and party room operations located in Camden, NJ, established for 37 years.

Key Information

Asking

$1.6M

Revenue

$1.2M

Earnings

$544K

Multiple

2.9x

Key Highlights

  • Business established for 37 years
  • Seats 140 indoors and 40 outdoors, with separate party room
  • Owners spend 2-3 days/week supervising; managers handle day-to-day operations
  • SBA financing approved with $340,000 down payment
  • Business is described as semi-absentee
  • Business is relocatable

Contact Info

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