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Restaurant/Bar for sale in booming Jersey City

Jersey City, NJ (Hudson County)

Seller Financing Available
Newark Ave pedestrian mall
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Asking Price: $499,000

Cash Flow: N/A

Gross Revenue: $1,200,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $15,000 /Month

Established: 2014

Restaurant/Bar for sale in booming Jersey City

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Business Description

Restaurant/Bar business for sale

Newly built out large restaurant/bar for sale with total of 199 capacity plus seasonal outdoor seating in prime location only steps from the Grove st Path train station. New long term lease with 8+7+7 extensions. Over $1.2 million spent on build out and mechanicals alone, call for more details! Sale can include full liquor license for an additional $399,000.

Detailed Information

Location:
Jersey City, NJ
Real Estate:
Leased
Building SF:
4,000
Lease Expiration:
12/31/2040
Employees:
10
Facilities:
4000 gross sqft of space includes restaurant/bar, with all equipment and new kitchen with all equipment, commercial hood with make up air.
Competition:
Prime location, close to Grove St Path train stop and Newark Ave pedestrian mall, with additional seasonal outdoor seating.
Growth & Expansion:
Several new growth opportunity, from additional business hours to increased take out/delivery and catering business opportunity.
Financing:
Seller financing available for experienced operators on case by case basis.
Support & Training:
Current owner will train and provide support as needed.
Reason for Selling:
Retirement
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Business Listed By:
Jeanetta Hansen

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