Return to search results

SPANISH RESTAURANT- business and Liq. License

Hawthorne, NJ (Passaic County)

Seller Financing Available
SPANISH RESTAURANT- business and Liq. License
Contact Seller

Asking Price: $425,000

Cash Flow: $363,210

Gross Revenue: $1,059,000

EBITDA: N/A

FF&E: $350,000

Inventory: $35,000

Rent: $3,900 /Month

Established: 1989

SPANISH RESTAURANT- business and Liq. License

Save Print Share Valuation Report

Business Description

SPANISH RESTAURANT Business/Liq. License only 30 years + + +

Traditional Spanish Restuarant (white Table Cloth) for over 30 years, with Full Bar, Bar Area, Dinning Room, occupancy 150, Full Kitchen and enormous basement for storage- A MUST SEE! Go only with Broker for a showing.

Owner Operator will entertain a Sale of Real Estate and business for $1,200,000

Call Anthony Riotto 201-647-6233

Detailed Information

Location:
Hawthorne, NJ
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
3,500
Lease Expiration:
7/1/2039
Employees:
8
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Commercial Restaurant Building, Class C Liquor License, Bar Room, Dinning Room, Parking along with addition Adjacent Parking, Full Service Kitchen, Ansul system, POS Systems, Full camera system and Alarmed. Lot Size 9,374 square feet with great building.
Competition:
No Spanish restaurants in Town or the surrounding area, Business is on a busy road. Place is in business for over 30 years! Hundreds of thousands of people are in the surrounding area.
Growth & Expansion:
Adjacent parking lot is next door, and must be used to Accommodate parking demands. Passaic River is adjacent. Can transform upstairs apartment into party room!
Financing:
225,000
Support & Training:
Owner to stay on 1 week post closing for transition
Reason for Selling:
Owner Retiring after 30 years in business
Contact Seller

Contact the Seller

(from currently available funds)
 
Contact Seller Loading

Anthony Riotto

Business Listed By:
Anthony Riotto

Blue Ribbon Realty

Show Phone Number

View My Listings

Listing Statistics

Unlock

Demographic Information

Unlock


Ad#:1653435 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.


Similar Listings


Lean Kitchen Company

Franchise Opportunity
Cash Required: 75000