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Profitable Italian Restaurant for Sale in Beautiful Ocean County NJ

Buy This Highly Profitable Italian Restaurant for Sale Located in beautiful Ocean County, New Jersey.  Priced to Sell at $425,000 or Only 1.5 Times Current Cash Flow (Owner Discretionary Earnings).

Open and Operating Twenty Years, The Owner Operator has created an Amazing Restaurant and Earnings Opportunity for the Next Owner.  Strong Financial Performance Should Qualify this Italian Restaurant for Sale for SBA Lending.  Amazing Lease Terms and more...

Offered exclusively by We Sell Restaurants, this  Italian Restaurant for Sale's location  in Ocean CountyNew Jersey  is considered part of the Jersey Shore and South Jersey regions.  The location is easily accessible and located on a high traffic road surrounded by densely populated businesses and residences ensuring tons of customers.  The restaurant is a very manageable 2000 square feet that can seat up to 100 inside and out.  Their concept is simple and wildly successful...provide the areas best seafood, meat, and pasta dishes at affordable prices while keeping their customers happy with fast friendly service.  And it works!  Customers rave about their food giving it 4 1/2 to 5 star ratings on several different social media websites.

Annualized monthly Sales Revenue of over $70,000 are approaching $900,000.  Owner's Monthly take-home exceeds $20,000.  A lease rate of only 5% of net sales combined with an efficient and well managed operation are the keys to these great profits.  The lease at this Italian Restaurant for Sale of only $2950 Per month, including options to renew has an additional ten years. 

When you step into this beautifully decorated Italian Restaurant for Sale, you feel like you've walked into a quaint trattoria in Italy.  The veal, chicken, scallops, mussels, shrimp, and pastas are all made fresh in the most authentic Italian way.  Price points are kept reasonable making this a repeat dining experience for locals and visitors alike.

This restaurant truly has it all...  Longevity, Reputation, Location, and an attractive lease.  The owner will provide two full weeks of training to ensure the next owner can prepare and ensure the same great quality.  Contact your brokers at We Sell Restaurants to learn more about this amazing multiple 6-figure earnings opportunity including help in securing an SBA loan so you can acquire this profitable IItalian Restaurant for Sale in Orange County New Jersey with as little as $100,000 investment.

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#: 8267
  • Price: $425000
  • Location: Lanoka Harbor

Lease Term: 3 Years remain on current term

Monthly Rent: $2900,

Indoor Seating: 70

Inside Sq. Ft: 1400,

Hood System: Yes

Hours Open: 4 P.M. - 9 P.M. Tuesday-Sunday. Closed Monday

# of Part-Time Employees: 8

# of Full-Time Employees: 7

Net Sales: $871519.00

Owner Benefit: $283670

Features

  • Profitable Ocean County New Jersey Italian Restaurant
  • Annual Revenue of $870,000 Generates Owner Earnings of $280,000
  • 2200 Square Foot Venue with Outdoor Seating for Over 100
  • High Traffic Location
  • Open and operating 20 years
  • Amazing Reviews and Reputation
  • Italian Restaurant for Sale
Profitable Italian Restaurant for Sale in Beautiful Ocean County NJ

STEP ONE TO

OWNERSHIP

ACKNOWLEDGE
CONFIDENTIALITY

For Additional photos, financial information and equipment list

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