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Profitable Italian Restaurant in Ocean County NJ

Beautiful and Profitable Italian Restaurant For Sale in Ocean County New Jersey.  This Opportunity Truly has it all.  Over 30 Years of Successful Operations, Seven Figure Sales with Six Figure Earnings, Terrific Long Term Lease, Amazing Staff, and Both Indoor and Outdoor Seating For Over 130 Guests.  Good Books and Records Should Qualify this Profitable Restaurant for SBA Lending.  

Plain and simple...after 30 years of being an owner operator, it's time for this Seller to retire and hand the reins of this profitable Italian Restaurant over to a new owner who wants to work hard and enjoy the lifestyle $180,000 in verifiable Seller Discretionary Earnings brings.  This Italian Restaurant for Sale boasts amazing four star reviews and a loyal following of customers who have been coming back for years of authentic homemade Italian cuisine.  Voted Best In Ocean County. Whether your favorite is pasta, veal, chicken, or freshly prepared seafood, this restaurant caters to everyone.

The venue itself is perfect.  First the location which is easily accessible from several major roads.  Surrounded by tons of residences, businesses, and offices, the restaurant is busy for lunch and dinner.  The inside is a spacious 2400 square feet that can seat over 80.  Outside there is a patio that can be semi-enclosed based on the weather that can accommodate an additional 50 guests.  You would think a venue and location like this doing over $100,000 in monthly revenue would have a five-figure rent.  Nope...the rent is an incredible $5400 per month all in or only four percent of sales.  One of the many factors contributing to this successful Italian Restaurant for Sale 's  strong earnings.  And don't worry about this attractive lease running out anytime soon.  We Sell Restaurants can help you get a lease assignment with options on the current lease term extending all the way out to 2035.

Although 2020 was an unprecedented year for restaurants, this profitable Italian Restaurant for Sale in Ocean County leveraged its outdoor seating, catering, and curb side pick-up to keep serving up their amazing dishes.  2021 promises to be another great year.  Longevity, Strong Earnings and verifiable books and records should qualify this business for SBA lending.  Call your Restaurant Brokers at We Sell Restaurants to to learn more.

 

This is a Certified Pre-Owned Restaurant® the highest standard for restaurant listings. It has been reviewed by a Certified Restaurant Broker® and has verifiable Sellers’ Discretionary Earnings (SDE). It has been listed based on the strictest industry standards and if SBA lending is advertised, the business earnings qualify subject to Lender’s review & approval. The Business Analysis Tool with the latest profit & loss information is available for immediate review by qualified buyers and has been evaluated based on industry guidelines for expense ratios. The equipment in the store transfers free and clear of any liens subject to UCC Lien search by closing agent. If the space is leased, it is available for assignment, extensions, renewal or new agreement for qualified buyers and if the business is a franchise, it meets the criteria for transfer for assignment of the franchise. The acquisition of a Certified Pre-Owned Restaurant® includes the services of a Certified Restaurant Broker® at no cost to the buyer.

Please click on the tab below to easily acknowledge confidentiality on this Italian Restaurant for Sale. For many business opportunities, you will immediately receive the name, address, photos, and most recent financials. If you have any questions, please contact Certified Restaurant Broker Steve Weinbaum at (770) 714-4552

This is an exclusive listing of We Sell Restaurants who is the rightful owner of all intellectual property associated with this website. This may not be duplicated without the express permission of We Sell Restaurants. We Sell Restaurants is a federally registered trademark.

Listing

  • Listing#: 8114
  • Price: $399000
  • Location: Toms River

Lease Term: Remainder of current term

Monthly Rent: $5400,

Indoor Seating: 88

Inside Sq. Ft: 2400,

Hood System: Yes

Hours Open: Mon-Thur 11:30 AM - 2:30 PM, 5:00 PM - 10:00 PM Friday 11:30 AM - 2:30 PM, 5:00 PM - 11:00 PM Sat 5:00 PM - 11:00 PM Sun 3:00 PM - 9:00 PM

# of Part-Time Employees: 4

# of Full-Time Employees: 8

Net Sales: $1459130.00

Owner Benefit: $183220

Features

  • Ocean County New Jersey Italian Restaurant For Sale
  • 2019 Annual Revenue of $1.45 Million generating $180,000 Owner Earnings
  • Seats 130 Inside and Out
  • 2400 Square Feet
  • Rent is a Low $5400/Month with over 10 years of lease term and options
  • Owner and Manager Training Available
  • Italian Restaurant for Sale
Profitable Italian Restaurant in Ocean County NJ

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