Description of the business for sale
A very popular long established Restaurant Lounge in a downtown area of Morris County, New Jersey. The business has been a landmark in New Jersey for many years and enjoys an excellent reputation for great Italian American cuisine in a comfortable atmosphere. The restaurant offers excellent food and drinks with a diverse menu selection. Live entertainment is offered on Friday and Saturday nights, which attracts a large crowd. The facility includes a large bar area and also offers catering on premises. The business generates a solid yearly income of $900,000 with a substantial profit for the owner. The owner will train and finance the sale to a qualified buyer. Please call for further details.
Support / Training provided by seller
Seller will supply a full due diligence and transitional period.
Description of the facilities
Facility consists of 4,700 square feet with an indoor seating capacity for 170 customers. An existing ten year lease is available for the new owner with additional options for continuation. A valuable Liquor License is included in the sale.