Business For Sale

Popular Fine Dining Catering Hudson Cty, NJ 30579

Not Disclosed, NJ
Hudson County

Hudson County, New Jersey


Asking Price: Annual Revenue:
$398,000 $774,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Popular Fine Dining Catering Hudson Cty, NJ 30579 Broker: Nathan Goldstein
Owner Financing is Available!
$350,000.00 Down & $48,000 at 7% over 24 months.

Quick Facts

Asking Price: $398,000
Annual Revenue: $774,000
Net Profit: Not Disclosed
Cash Flow: $150,000
Total Debt: Not Disclosed
FF&E: $275,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 10
BBN Listing #: 62744447
Broker Reference #: 30579

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Business Overview:

Popular Fine Dining and Catering Business with Express Service pick up food service, with seating for over 50 customers. This business also has a mezzanine on its 2nd floor. This business has two full kitchens with one specifically for catering. Both kitchens come with state of the art exhaust systems, central air with walk-in coolers and walk-in freezers. This popular restaurant & Catering also has an additional 16 seats sidewalk cafe, which brings the total dining-in space to over 60 seats. The seller had just recently renovated this business, transforming the restaurant into a beautiful space. This business is located next to the train station in a high-traffic area, with over 1000's potential customers walking by daily. This is a prime location with below market price rent. The seller is paying rent for only 1,823 sq. ft on an almost 2,300 sq. ft space.The seller has built out the mezzanine with over 400 square feet of additional space. The seller is looking for a partner with restaurant experience to help grow this great business to its full potential or to sell it all if the buyer does not want a partner. The current asking price is below what it will cost to build out a new restaurant in this prime location.The location of this business in itself is priceless as there is no other location like this in the surrounding area. Business has a huge growth potential for the right owner as it is currently operating at about 25% of its full potential. Call now as increasing business will raise the price of this growing business before you know it.The future buyer could also have the possibility to transform this space into a deli or any other type of business that serves food. This is a great chance for someone to partner with the current owner and run this business together or someone who would like to hit the ground running their own business.

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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.

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Disclaimer:

The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.


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