Casual Seafood Restaurant Gross Sales $771,366.

Not Disclosed, NJ
Bergen County

Active commercial avenue.

Asking Price: Annual Revenue:
$279,000 $771,366

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Casual Seafood Restaurant Gross Sales $771,366. Broker: Customer Service
Owner Financing is Available!
Also, seller financing is available to a qualified buyer with an appropriate down payment, collateral, and credit rating.

Quick Facts

Asking Price: $279,000
Annual Revenue: $771,366
Net Profit: $110,000
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $75,000
Real Estate: Not Disclosed
Year Established: 2018
Employees: 10
BBN Listing #: 97973909
Broker Reference #: REST802

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Business Overview:

This restaurant is a local casual operated BYOB, Seafood, Oyster Bar, & Italian Kitchen with a substantial gross income and a consistent net yearly income. Wonderful investment with a solid return on investment and priced for a quick sale with owner financing. Their objective is to provide first class service and fresh high-quality coastal cuisine with an Italian flair to the customers they service. Their menu features an extensive raw bar selection with a variety of shellfish, fresh sushi rolls, innovative entrees, and homemade desserts. This is a profitable safe business opportunity and based on the moderate asking price, and yearly net income, this business expects to supply a consistent return on investment to the owner operator.

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Property Features and Assets:

This business opportunity is in northern New Jersey, Bergen County on a convenient active county road. This business facility consists of approximately 1,650 square feet with an attractive, old-world appearance. The business is located on a commercial avenue with numerous other retail businesses.

Market Competition and Expansion:

Regarding competition, to the best of our knowledge, no other new competitors are expected near to this business. Additionally, the owner has agreed to supply an appropriate non-compete agreement to the purchaser.

Reason for Selling:

Relocating to an alternative business.

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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