Contemporary Restaurant -Liquor License -Turn Key!

Bergen County, NJ
Bergen County

Asking Price: Annual Revenue:
$1,300,000 $1,000,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Contemporary Restaurant -Liquor License -Turn Key! Broker: Robert Petrin, Jr.

Quick Facts

Asking Price: $1,300,000
Annual Revenue: $1,000,000
Net Profit: Not Disclosed
Cash Flow: $150,000
Total Debt: Not Disclosed
FF&E: $500,000
Real Estate: $1,000,000
Year Established: 2007
Employees: 20
BBN Listing #: 321745063
Broker Reference #: Not Disclosed

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Business Overview:

A perfect TURN KEY opportunity located at a newly developed downtown intersection with high traffic counts, ample parking and great reputation.
Owner motivated - Don't wait!

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Property Features and Assets:

3,500 sq. ft. restaurant with 136 seating capacity. Also, two, 2nd floor apartments for staff, owner or rental. Great visibility at a lighted corner of a heavily traveled county road near Rts. 46, 80 and GSP.

Market Competition and Expansion:

Nothing like this concept in the area. Ideal for owner/operator who can dedicate full time to management. Present owner is split between several locations. With on site owner/manager business will improve immediately. Bar business is not promoted at all. Sophisticated customers need more attention. Better marketing, promotions and deliver also will have great results.

Reason for Selling:

Downsizing businesses they own.

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.

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