Popular Neighborhood Restaurant - 19187

Essex County, NJ

Popular Neighborhood Restaurant  - 19187

Asking Price:$189,000

Cash Flow:N/A

Gross Revenue:$386,000

EBITDA:N/A

FF&E:$300,000

Inventory:N/A

Established:2011

Popular Neighborhood Restaurant - 19187

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Business Description

Established Restaurant in Northern NJ boasts modern decor and ample space. Great customer base in a beautiful high income area. Ample street parking and great rent!! Three years plus five on new lease transferable! 55-65 seats inside with variance for outside sidewalk dinning. This popular and well known restaurant is a turn key operation for any concept to fit. Equipment valued at $220,000, all inventory, equipment, and furnishings included in sale. Business has been in operation for over 5 years with a great reputation. This is really a GOLD MINE for an experienced "hands on" chef/owner to make a start!!! A must see for anyone who is serious about a great opportunity. Owner is willing to finance a portion of the sale. FOR SERIOUS BUYERS ONLY, MUST SHOW PROOF OF FUNDS.

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Detailed Information

Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Financing:
100,000.00 Down & $100,000 at 6% for 36 Months.
Support & Training:
Seller is willing to train new owner.
Reason for Selling:
Other business interests

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