The Business is a well-established, award-winning Spanish tapas restaurant and full-service bar located in an affluent, high-visibility Bergen County, New Jersey trade area. Opened in 2014 and operated under second-generation restaurateur ownership, it has built a loyal, year-round following over more than a decade, earning consistent regional recognition as one of the area’s premier tapas and small-plate destinations.
The concept centers on authentic, shareable Spanish small plates — charred octopus, lamb meatballs, patatas bravas, empanadas, and codfish and plantain fritters — alongside paellas, mariscadas, and churrasco-style steaks. A full-service bar featuring signature sangrias, handcrafted cocktails, an extensive wine program, and imported Spanish beers contributes a beverage mix of roughly 29–30% of sales, supporting attractive blended margins.
Across the two most recent reporting years, the Business generated net sales (before sales tax) of approximately $1.19 million and $1.02 million, serving in excess of 21,000–22,000 guests annually at an average check of roughly $125. The sale includes the highly valuable and increasingly scarce Class C-33 Bergen County Plenary Retail Consumption Liquor License — valued at $300,000 — a substantial, transferable hard asset that anchors the enterprise value of this offering.
TURN-KEY • LIQUOR LICENSE INCLUDED • STRONG BRAND • AFFLUENT TRADE AREA
INVESTMENT HIGHLIGHTS
▪ Eleven-plus year operating history (established 2014) with a loyal, repeat local customer base and strong name recognition.
▪ Class C-33 Bergen County Plenary Retail Consumption Liquor License included — valued at $300,000 — highly transferable and in scarce supply under New Jersey’s population-based quota system.
▪ Consistent regional acclaim, repeatedly voted “Best of Bergen” in the tapas / small-plate category by area publications.
▪ Affluent trade area: the surrounding township reports a median household income of roughly $131,000 and an average household income near $176,000 — well above state and national norms.
▪ Beverage program contributes approximately 29–30% of sales, supporting healthy blended gross margins.
▪ Turn-key, fully equipped restaurant and bar with FF&E in excellent condition — buyer steps into an operating cash-flow business on day one.
▪ Prime location approximately one mile off Route 17 in a well-trafficked retail center with ample parking.
▪ Meaningful, fully itemized owner add-backs across 15+ documented expense categories — cross-checked against the Business’s federal tax filings — provide substantial, verifiable upside to a working owner-operator (see Financial Overview).
Ad#:2530495
