businesses for sale


Full Service Restaurant Upscale North NJ for sale

Another Great Business From Prime Restaurant Brokers!

Location: Essex County, New Jersey

Category: Restaurants for sale

Asking price: $149,000.00

Description of the business for sale
Are you a serious buyer looking for restaurant space in a fantastic location with a brand new lease at a reasonable rate? Then you will need to move very quickly. Owner wants this sold in the next 30 days and is willing to sell it at a HUGE discount to a well funded, experienced, serious buyer. If you are a tire kicker, not ready to move forward just yet or have little money or experience – this opportunity is not for you. Price is firm - key money situation – no negotiations and no financing. Must be able to close within the next couple of weeks. Incredible opportunity – absolutely A+++ location. Currently a European concept but can be easily converted into any concept. Fully equipped, fully operational restaurant in fantastic location – almost 3,000 square feet. This place is currently doing almost one million dollars in sales. No brokers – all potential buyers will need to submit a confidentiality agreement. Only serious, ready to go buyers need to inquire - please.***** - ***** - Market: Upscale northern NJ town which fits this concept perfect. The location and decor makes this a very popular, well known eatery in the town.***** - Growth: Plenty of room for growth - promote catering more and opportunity to expand inside seating by 30 seats.

Support / Training provided by seller
Training: Yes - owner will provide two weeks of hands on training plus 30 days of phone support.
***** - Reason: Seller is looking to pursue other opportunities.

Description of the facilities
Facilities: This restaurant is located on a very popular street, next to major chain clothing store, movie theater, Starbucks and other very popular and successful stores. Plenty of walk-by traffic- great visibility. Plenty of public parking directly across the street. 68 seats inside and seating for 60 on outdoor patio.***** - Lease: Landlord is ready to provide new lease to Buyer. Current rate is $10,500 per month.

  • By phone: 212-810-0884
  • Ask for: Richard Fay

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Business details

Prime Restaurant Brokers
New York, NY
Broker Co-op? contact us

Listing Id: 93090
Reference Id: 1071012
Year established: 1999
Employees: 10

Asking Price: $149,000.00
Revenue: $910,000.00
Annual Net: $252,000.00
Down Payment: $125,000.00

Business Type:
Non Relocatable Business

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