Owner Financing is Available
Business for Sale Overview:
A Restaurant Lounge business with a real estate option is located in the heart of a high traffic, commercial area in Hudson County, New Jersey. This successful, long standing Restaurant Lounge has music entertainment approval and the Restaurant specializes in Portuguese, Spanish and American cuisine. The facility has a specific Lounge area along with a formal dining room and a professional kitchen. The business generates high volume sales with an outstanding yearly net income of $100,000. The present owner will supply a long term lease with an option to purchase the real estate property, which available through our real estate division. A valuable liquor license is included in the sale. This is an excellent business with great potential for further growth!
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
The facility consists of an ample dining room with a bar area and indoor seating for 125 people. The seller will supply a new fifteen year lease or an option to purchase the real estate property. The real estate purchase is available through our real estate division. A valuable liquor license is included in the sale. Private parking is also available and included in the sale. The monthly rent offered is $4,000.
Market Competition and Expansion:
No Restaurant Lounges with a similar menu exist in this particular area. With additional advertising to the nearby communities and updated marketing, the business can continue to grow further.
Reason for Selling:
Retirement
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.