Closed Summit Restaurant

Union County, NJ

Closed Summit Restaurant
Contact Seller

Asking Price: $95,000

Established: N/A

Closed Summit Restaurant

Save Print Share Valuation Report

Asset Sale Description

Wonderful business opportunity to own this attractive restaurant with previous sales of approximately $50,000 monthly, in Northern New Jersey, Union County and located on an active commercial avenue. The business transaction has an assignable commercial lease which expires 12/31/2025, plus additional options available, with a monthly rent of $5,200 all in, cost per square foot is estimated at $31.20 and rent security of approximately $12,300. The facility has appropriate municipal and private parking near to the business. This business opportunity has been valued / priced at $95,000 which is based on the value of the assets. This is a dependable safe business opportunity. All viewings are by appointment only and the photo does Not represent this particular business opportunity.

Detailed Information

Location:
Union County, NJ
Facilities:
This opportunity is in Northern New Jersey, Union County, the general area consists of various highly populated affluent communities with continued demand for this industry. This retail facility which consist of approximately 2,000 square feet have an attractive modern appearance and this restaurant is on an active county road.
Support & Training:
The owner will remain post-closing and is prepared to supply an appropriate transitional period to the new owner / operator.
Reason for Selling:
The purpose of this business transaction is due to the owner’s relocation.
Contact Seller

Contact the Seller

(from currently available funds)
 
Contact Seller Loading

Ron Cervelli

Asset Sale Listed By:
Customer Service

Regal Consulting Corp.

Show Phone Number

View My Listings

Listing Statistics

Unlock

Demographic Information

Unlock


Ad#:1634518 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.


Similar Listings


Rush Bowls

Franchise Opportunity
Capital Required: $213,000