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Restaurant/Caterer

New Jersey (Essex County)

Retail - Restaurants | Services - Other Business Services

Asking Price $3,800,000 Inventory  
Gross Income $1,675,000 Real Estate $1,900,000* 
Cash Flow $330,000 Year Established 1959
FF&E $400,000* Employees 9ft/6pt

* included in the asking price

** not included in the asking price

50 year old well established famous Portuguese restaurant in Essex County NJ. Seats 120 in restaurant, 60 at bar + 45 in party room available with the real estate which contains the restaurant plus 3 2 bedroom apartments upstairs plus 37 car parking lot. For further information, please contact 908-851-9040 Ext. 209.

Facilities: 1,800 sq. ft. 37 spot parking lot seats 120 in restaurant, 60 at bar + party room for 45.

Financing: Payable over 10 years, 10 years interest negotiable

Support/Training: 2 weeks

Reason Selling: Retiring

Business For Sale By

Howard Goldberg

908-851-9040

Executive Business Brokers

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