Profitable Bistro-Absentee Owner-SBA Prequalified

Bergen County, NJ

Seller Financing Available
Profitable Bistro-Absentee Owner-SBA Prequalified
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Asking Price: $199,000

Cash Flow: $128,797

Gross Revenue: $609,117

EBITDA: N/A

FF&E: $30,000

Inventory: N/A

Rent: $3,697 /Month

Established: 2013

Profitable Bistro-Absentee Owner-SBA Prequalified

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Business Description

Excellent Location in Upscale Town

This is an excellent opportunity to own a profitable bistro in Bergen County-Some Seller Financing available to the right buyer.

This intimate restaurant is located on a busy street in the downtown area of an upscale town in Bergen County, New Jersey. This town has long been known for attracting restaurant goers for its creative and delectable food offerings. Established in 2013, this bistro has been serving residents of Northern New Jersey with a wonderful variety of small plates for dinner six days a week. The large menu that has something for every taste includes a wide variety of starters, salads, seafood, meat and mouthwatering desserts all presented beautifully. Catering for private parties and events is available at the home or office upon request. The restaurant offers a selection of varietals of California wine from a popular winery in full and half bottles.

Detailed Information

Location:
Bergen County, NJ
Real Estate:
Leased
Building SF:
1,330
Lease Expiration:
N/A
Employees:
12
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This 1330 square foot space seats sixty plus five at the bar inside and has outdoor seating that can accommodate up to eighteen comfortably.
Growth & Expansion:
While this restaurant has built an excellent reputation in the community, there are opportunities for growth. An increased internet presence coupled with a social media campaign are two areas to that may produce results through increased focus. Currently Dinner is served six days per week and Lunch, two days. Increasing lunch service and or adding Sunday brunch are opportunities for the new owner. Opening on Monday is an option as well.
Support & Training:
2 weeks
Reason for Selling:
other interests
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(from currently available funds)
 
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Steve Zimmerman

Business Listed By:
Steve Zimmerman

Transworld Business Advisors

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Sponsoring Broker:
Marc Lazarus

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