| Asking Price |
$289,000 | Inventory |
|
|---|---|---|---|
| Gross Income |
$564,000 | Real Estate |
|
| Cash Flow |
$156,000 | Year Established | 2008 |
| FF&E |
$100k +* | Employees | 3-8 |
* included in the asking price
** not included in the asking price
LOCATION! LOCATION! LOCATION! This well-established and well-known restaurant was completely renovated less than two years ago. Located in the heart of Upper Montclair, it seats 51 patrons inside with an additional 21 seats outside. Custom wood-work and tables fill the 1000 square foot space and gives a very "SOHO-ish" contemporary and urban feel. In addition to the main dining area, there is also a full, finished basement that features a prep station, office, and tons of storage. This is a very profitable business that has tremendous upside!
Facilities: Enitre premises was torn down to the studs less than two years ago and rebulit without any expense spared. Custom woodwork and tables throughout, plus the design that would take hundreds of thousands to duplicate. Currently seats 51 inside and 21 outside. Also, includes full finished basement with prep station, storage and office.
Competition: Unbelievable location! Heart of Upper Montclair!! Very upscale neighborhood!! DO NOT move your restaurant into Montclair without looking at this location first.
Growth/Expansion: The right buyer could take this to a whole new level!
Reason Selling: Personal

Alfred Papasso
973-941-2130
Weichert Realtors
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