HS Listing ID-67581
Well-established kosher Middle Eastern eatery in the heart of Bergen County, NJ. With a reputation for authentic shawarma and catering services, serves both the local community and regional events.
The restaurant operates under strict kosher supervision, is closed on Shabbat, and caters to a loyal customer base. In addition to dine-in and take-out, catering is a significant driver of sales, with many event clients preferring cash transactions.
Adjusted Seller’s Discretionary Earnings (SDE), inclusive of addbacks and cash adjustments, are in the range of $80K–$90K annually, providing a solid earnings base with opportunity for growth through marketing and catering expansion.
Lease Term: 3 years (Jan 1, 2025 – Dec 31, 2027)
Rent: $4,000/month, 3.5% annual increases
Additional Obligations:
69.2% of real estate taxes
All utilities
100% of exterior maintenance, snow removal, and insurance
Security Deposit: 3 months rent
Good Guy Guarantee: Personal guarantee with 45-day notice clause.
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
Ad#:2414306