businesses for sale


Spanish & Portuguese Restaurant for sale

Location: Union County, New Jersey

Category: Food businesses for sale

Asking price: $650,000.00

Description of the business for sale
A long standing, successful Restaurant with Liquor located in a prime area of Union County, New Jersey. This restaurant is in a central location near many major, highly populated cities and is famous for its authentic Spanish cuisine served in a charming ambience. The business provides a fabulous dining experience for its customers and has developed a good reputation for itself. The business produces an annual gross income of $1,000,000 and maintains a substantial net income for the owner. The facility is very attractive and includes two large dining rooms, a private party room for catering and additional outdoor seating for 70 customers. A truly excellent opportunity!

Support / Training provided by seller
Seller will provide a complete due diligence and transitional period.

Description of the facilities
Restaurant facility is located on a main county road and consists of 3,000 square feet with a seating capacity for 215 people. The facility has several dining rooms including a private party room for catering and an outdoor area for 70 customers. Municipal parking is available onsite. Seller will provide the new owner with a fifteen year lease and an option on the real estate property. The real estate purchase is available through our real estate division. Sale includes a valuable liquor license.

  • By phone: 973-837-0808
  • Ask for: Ron Cervelli

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Business details

Regal Consulting Corp
Wayne, NJ
Broker Co-op? no

Listing Id: 87298
Reference Id: 137
Year established: 2003
Employees: 8

Asking Price: $650,000.00
Revenue: $1,000,000.00
Annual Net: $250,000.00
Down Payment: $30,000.00

Business Type:
Non Relocatable Business

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