Highly Profitable Italian Restaurant for sale!
Highly Profitable Italian Restaurant for sale!
Welcome to Marra’s Restaurant & Pizzeria. Marra's Restaurant & Pizzeria is a highly profitable, swell established, self-sufficient and self-sustainable establishment. Well ran and highly rated, this business offers new owners a tremendous upside and consistent and positive cash flow. The restaurant offers a variety of rich and exquisite Italian cuisine from the old pages of traditional Italian cooking. This unique atmosphere offers fine dining in its fully renovated modern and elegant setting. The atmosphere provides a New York feeling to it with New Jersey options. Complimented by a knowledgeable, attentive and friendly staff—it all starts with fresh and carefully hand-picked ingredients. Marra’s Restaurant offers is a fusion of old-world tradition and new world innovation to delight your palate. Come join them for dinner to enjoy the best Italian dishes they attentively serve in their beautiful dining area in Livingston, New Jersey. The restaurant offers private parties up to 80 people with your very own custom menu. Off premise catering is available 7 days a week for personal or corporate affairs. Investment Highlights Highly Profitable Desirable Location High foot & automobile traffic Large intersection Across from Livingston Town Center Self-Sustainable
Location
Country: | USA |
State or Province: | NJ |
City: | Livingston |
Location Zip or Postal Code: | 7039 |
Listing Information
Service Type: | Sit-Down Table Service, Counter Service/Fast Casual, Catering |
Title of Listing: | Highly Profitable Italian Restaurant for sale! |
Year Established: | 2013 |
Number of Locations: | 1 |
Number of Seats: | 51-150 |
Size: | 2200, Square Feet |
Patio: | Yes |
Number of Employees: | 11-50 |
Hours of Operation: | Sunday - Monday 5:00pm - 10:00pm |
Growth or Expansion Opportunities: | Maximizing online food vendor opportunities, Technology growth |
Reason for Selling: | Desire to cash out |
Owner Operated or Absentee Owner or Flexible: | Absentee Owner |
Training Provided: | Yes |
Financial Details
Asking Price: | $500,000 |
Gross Revenue: | $1,250,000 |
Gross Revenue Range: | $1,000,000+ |
EBITDA (Earnings before Income, Taxes and Depreciation): | $230,000 |
EBITDA Range: | $100,000-$300,000 |
SDE (Sellers Discretionary Earnings): | $Please inquire for additional details |
SDE Range: | $100,000-$300,000 |
FF&E Value (Furniture Fixtures and Equipment): | $12,000 |
Inventory Estimated Value: | $5,000 |
Vendor Financing Available: | Yes |
Asset or Share Sale: | Asset |
Real Estate Owned or Leased: | Leased |
Lease Term Remaining: | Renewal options available |
Total Monthly Rent: | $Inquire for additional details |
Contact Listing Owner
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