| Asking Price |
$995,000 | Inventory |
|
|---|---|---|---|
| Gross Income |
Not Disclosed | Real Estate |
|
| Cash Flow |
Not Disclosed | Year Established | 2006 |
| FF&E |
N/A | Employees | 20 |
* included in the asking price
** not included in the asking price
PRICE JUST REDUCED!!!! Location, License, Lease!!!! This is where everyone wants to be! This is a busy restaurant in the hottest location with a liquor license and a long lease. The license is a "broad C" type. These are tough to come by. If you want to be in THE hot spot in Northern New Jersey, then give us a call: (203)426-5670.
Facilities: This restaurant has 75 seats inside, with a total of 135 during the warmer weather months. There is plenty of room to move in here with a full basement for storage and offices. You will have an opportunity to enjoy this business for a long time with 5 years left on the current lease, and two 5 year options to follow.
Competition: This is the location that people want. You cannot ask for better visibility, in a hot locale.
Growth/Expansion: There are a number of possibilities here for this restaurant: You can keep the current successful operation in place, or you can change the food and/or take full advantage of the liquor license and capitalize on the bar business.
Financing: Seller will hold $300,000 @ 7% over 5 years for a qualified buyer.
Support/Training: You will receive the training that is needed.

Phil
203-426-5670
Sterling Business Consultants
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AD # 436198
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