Elegant Steak Restaurant for Sale

Bergen County, NJ

Elegant Steak Restaurant for Sale
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Asking Price: $750,000

Cash Flow: $350,000

Gross Revenue: $1,780,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: 2003

Elegant Steak Restaurant for Sale

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Business Description

1200 SF ,15 Year Old Elegant Steak Restaurant for Sale, doing $35K weekly, Net Income: $350K, Current Rent: $5200
Renovated 3 Yrs ago.
Total Employees:8 Open : 7 Days, Last Year:$1,420,000
2018 Estimated_ $1,780,000 Lease: *8 yrs remaining
Parking: Total 21 Cars( 11 - private, 10 - Municipal Parking)
50 Seats and Outdoor Seating: 10 Seats, Current Rent: $5200 with Property Tax , Great Opportunity to Own Steak Restaurant with Excellent Income and Kitchen Condition, 5 Star Dining and Offensive Interior and Kitchen- 3 Year Old. Situated on Main Road on the township and easy access to Major Highways and close to GWB and NYC.
Reason for selling: Wants to launch new business in NYC

Detailed Information

Location:
Bergen County, NJ
Employees:
8
Facilities:
10 Car Parking plus 20 cars in Municipal Parking Lot
Growth & Expansion:
Great Potential with Excellent Income
Support & Training:
3 Week Training
Reason for Selling:
Relocation to NYC
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(from currently available funds)
 
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ERIC SUH

Business Listed By:
ERIC SUH

Young Star Realty, LLC

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