Profitable Restaurant in Prime Location of Northeastern New Jersey

NJ

Restaurant
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Asking Price: Get Financing: $600,000

Cash Flow: N/A

Gross Revenue: $600,000

EBITDA: N/A

FF&E: $35,000

Inventory: N/A

Real Estate: $1,900,000*

Established: 2006

*not included in asking price.

Profitable Restaurant in Prime Location of Northeastern New Jersey

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Business Description

This business is situated in a prime location. Only seconds from the George Washington Bridge, this location brings to life the convenience and comfort of an urban oasis of markets, boutiques, restaurants, entertainment and open green space - all minutes from New York City. It also offers a wealth of conveniences right at your doorstep, including a luxury movie theater, a pharmacy, banks, a European wax center and so much more to come.

While the location is grand, the business itself is a gem. It was opened with the goal of always serving fresh and tasty food, having excellent and reliable service and a serene ambiance. It is family owned and has been operating successfully for the past 11 years.

The restaurant itself was created with great imagination. It has a liquor license, a creatively decorated bar, a beautifully designed aqua ceiling with images of Greek Gods and a “Secret Garden Patio”. It has seating capacity for 90 (45 indoor and 45 outdoor). The second floor is leased to another business and is the source of additional income.

The owner has a passion for exposing people to the beauty of Greece, his native country, through its cuisine and signature hospitality. He has fulfilled his dream by demonstrating that passion and bringing joy to people’s dining experiences.
With an ambiance that emulates the relaxed, opulent experience of dining on a Greek island, the attentive service and high-quality fare offered is a true delight. The range of Kria (cold) appetizers constitute the best kind of Grecian flight—one of diverse tastes. Each dish on the menu is considered a specialty, but the fresh daily Thalassina (seafood) is most popular among loyal patronage.

A 5 star review tells it all. “We are here for a conference and are from Las Vegas. We have been to this restaurant twice already. I know Greek food and the caliber of food here is very high. I will most certainly be going back when in Jersey and will be highly recommending this business for a wonderful meal, authentic Greek food, and what bonus to be surrounded by great people!

This is a must see and do!” What sets this business apart from others is its prime location, liquor license, long standing reputation for great homemade food and serene ambiance. A new owner will have plenty of flexibility to take advantage of these attributes. The new owner can:
1) Lease or buy the property and expand the current business
2) Lease or buy the property and use this prime location for another business

The ideal buyer will be a restauranteur, a franchisor or the owner of any business, who recognizes the advantages of locating their business at this premiere location.

Detailed Information

Real Estate:
Owned
Not included in asking price
Building SF:
N/A
Employees:
5 FTE
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Available for lease or purchase
Support & Training:
Seller will negotiate a transition period
Reason for Selling:
Other Business Demands
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Contact the Seller

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Jack Armstrong

Business Listed By:
Jack Armstrong

Sunbelt Business Brokers of NJ

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business.

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