Legendary Restaurant - Needs Next Generation

Bergen County, NJ
Bergen County

Asking Price: Annual Revenue:
$5,900,000 Not Disclosed

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Legendary Restaurant - Needs Next Generation Broker: Rob Petrin, Jr.

Quick Facts

Asking Price: $5,900,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $1,000,000
Real Estate: Not Disclosed
Year Established: 2000
Employees: Not Disclosed
BBN Listing #: 430445063
Broker Reference #: Not Disclosed

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Business Overview:

Restaurant group or large independent needed for this uniquely successful property and business.
Financial information and/or site details will only be given to pre-qualified buyers after signing Non Disclosure Agreement.
Experienced operators only for this opportunity.

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Property Features and Assets:

400+ seats of Ala Carte, banquet and bar/lounge spaces. Abundant parking. Major highway corner. All in "AAA" condition.

Market Competition and Expansion:

Excellent reputation - No competition for this concept. Management is less than great so more attention to detail will reap immediate results. Catering not near its potential. Loyal customers need top shelf attention.

Reason for Selling:

Health & age.

Additional Details:

  • The property is owned.
  • 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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