ID# 1561 - Excellent Lease in Riverdale, NJ

Riverdale, NJ
Morris County

formerly Brookside Bistro and Rosemary & Sage

Asking Price: Annual Revenue:
$195,000 Not Disclosed

Food & Beverage: Restaurants, Fast Food, Deli

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RE: ID# 1561 - Excellent Lease in Riverdale, NJ Broker: Seller of Business

Quick Facts

Asking Price: $195,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 398757204
Broker Reference #: 1561

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Business Overview:

Formerly Brookside Bistro and Rosemary & Sage.
Dining area seats 65-75.
Bar seats 10 plus three high tops for 12 people.
Outdoor patio for approximately 50 plus room to possibly expand.
Plans for outdoor bar to meet indoor bar.
Fully equipped kitchen.
New parking lot to be built by landlord. Additional parking next door at Chase Bank, if needed – consent already given. Ample street parking is also available. Lease for 20 or more years starting at $4,950 per month, triple net. The taxes are currently $10,700 with house next door paying 25% of the property taxes. Price $195,000 includes the liquor license and all equipment. Owner will hold some financing, based on tenant’s credit worthiness.
Parking lot and landscaping will be paid by landlord.
Contact us to schedule a showing.

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Property Features and Assets:

Sale includes Long Lease, Liquor License and FF&E.

Additional Details:

  • The property is leased.
  • The owner is not 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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