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Business For Sale

Restaurant/Caterer

Essex County, NJ, USA

Food & Beverage: Restaurants, Fast Food, Deli

Business For Sale
Photo not provided
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$3,200,000
$1,550,000
Not Disclosed
$230,000
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
1961
15
3322979
Owner Financing is Available
10 years

Business for Sale Overview:

Half century owner Zagat rated “Excellent” Portuguese Restaurant available with the Real Estate in a very heavily populated Essex County town with liquor license also – seats 120 plus 60 at the bar plus 45 in the party room. Property is 180x55 feet – 3 apartments upstairs. Bringing in $36,000 a year in rental income. For further information please contact Howard Goldberg at 908-851-9040 Ext. 209.

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:

Seats 120 and 60 at bar and 45 in party room. Property is 180x55 – 3 apartments upstairs.

Reason for Selling:

Retiring

Additional Details:

  • The property is owned.
  • 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.

Resources:

 

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