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SPANISH RESTAURANT- business and Liq. License

Hawthorne, NJ (Passaic County)

Seller Financing Available
SPANISH RESTAURANT- business and Liq. License
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Asking Price: $425,000

Cash Flow: $363,210

Gross Revenue: $1,059,000


FF&E: $350,000

Inventory: $35,000

Rent: $3,900 /Month

Established: 1989

SPANISH RESTAURANT- business and Liq. License

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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

Hawthorne, NJ
Included in asking price
Real Estate:
Building SF:
Lease Expiration:
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
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.
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!
Support & Training:
Owner to stay on 1 week post closing for transition
Reason for Selling:
Owner Retiring after 30 years in business
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(from currently available funds)
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Anthony Riotto

Business Listed By:
Anthony Riotto

Blue Ribbon Realty

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