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Fine Italian Restaurant & Catering for Sale in Burlington County

Reference #: 42094276
Location: Burlington County
Price: $500,000
Amount Down: $250,000
Revenues: $570,000
Discretionary Earnings: $183,750
Total Assets: $220,000
Business Description: Established in 2007, this family owned and operated restaurant provides customers with an exceptional dining experience in an elegant yet comfortable environment.  They offer classic Old World recipes with new modern favorites.  They also have a pizza business, take out service, catering and ice cream.  The furniture is imported from Italy.   They just initiated a new marketing program which they hope will bring in a lot of additional business.  As a result of this iniative, sales are up over 20% in 1Q 2012, and they anticipate that to grow even more later this year with delivery service.  $220,000 worth of FFE included in price.

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The information above has been provided by the seller and/or the seller's financial advisors and has not been verified by this independently owned office, its representative, or VR. This independently owned office, its representative, and VR make no warranty regarding the accuracy of this information and advises prospective buyers to conduct their own due diligence prior to purchasing any business.