Best Location in Summit

Summit, NJ (Union County)

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Asking Price: $385,000

Cash Flow: $170,000

Gross Revenue: $850,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $28 /Month

Established: 2013

Best Location in Summit

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Business Description

Best Location in Summit, NJ

Located in an affluent Summit in Union County and best known for its creative cuisine and welcoming vibe, brought this immediate popularity with locals and foodies when it hit the dining scene. 100% turnkey and features al fresco. For customers' convenience, there is ample parking, train station and easy highway access. The sale of this profitable restaurant includes the business, lease, over $500,000 lease hold improvements, furniture, fixtures and equipment. This is truly a rare opportunity to own one of Union County’s finest restaurants.

Operating & Successful Restaurant
Triple AAA location
Long term lease
Close to Train
Garage Parking nearby
Summit Township is business friendly
Outdoor Seating
No Brokers Please
Not Actual Photo for confidentiality

Detailed Information

Location:
Summit, NJ
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,600
Lease Expiration:
1/1/2039
Employees:
15
Facilities:
Over$500,000 invested in fixtures, A/C Heating / Electrical, Equipment upgrade No Brokers Please
Competition:
Unique concept plenty of room for growth No Brokers Please
Growth & Expansion:
Long term lease with options
Support & Training:
What ever is needed for a smooth transition. No Brokers Please
Reason for Selling:
Investing in other non-food business.
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Business Listed By:
Private

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