Exceptional location,superb lease ,great numbers

Ocean, NJ (Monmouth County)

Seller Financing Available
Exceptional location,superb lease ,great numbers

Asking Price:$849,000

Cash Flow:N/A

Gross Revenue:$1,750,000




Rate/Sq. Ft.:$6.42


*not included in asking price.

Exceptional location,superb lease ,great numbers

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Business Description

Superb Location Monmouth County , exceptional turn key , SF

Lunch or diner , superb staff, great team, great kitchen able to get out 400 entrees on a Saturday nite , outdoor dining seats 65, indoor 120, ambiance and eclectic , life style location surrounded by massive population and natural assets , coupled with a superb lease, probably only 100 of these in the entire northeast .
Don't Miss it, but you need fundamental skills of hospitality, great small family business, turn key .All this served up in a upscale community well deserving this fine restaurant .

Detailed Information

Not included in asking price
Real Estate:
Building Sq. Ft.:
Lease Expiration:
23 pt
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Exceptional one of a kind location Exceptional business model Superb sales ratio to occupancy cost , 45k a year all in .
NONE within the community, plenty of upscale restaurants within a short distance
Growth & Expansion:
Restaurant currently runs at 90% , possibly could do brunch , at this time only open for lunch and diner 6 days a week .
Support & Training:
Will Train , exceptional Business
Reason for Selling:
Retiring to Key West florida

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Thierry Smith

Business Listed By:
Thierry Smith

1st Jersey Commercial

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