NJ Restaurant; 24 Yrs Profit; Long Term Lease

Business Overview:

This Monmouth County restaurant started 24 years ago and has consistently provided quality food to its loyal customer base. It's conveniently located in a shopping center on a major throughfare in this high-growth community.

The reputation for quality food, excellent service, and reasonable prices has also resulted in the restaurant holding numerous private parties and corporate events every year.

This iconic restaurant has a great reputation and a ready-made staff, including experienced chefs, to support the new owner. The seller is willing to seller finance a portion of the acquisition to the right buyer.

13+ years remaining on the lease

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Property Features and Assets:

Monthly Rent: $6,654.00

Square Units (Foot, Meter): 3,466

Lease Expiration Date: October 30, 2036, 9:00:00 PM

Terms Options: 10 Year Lease + two 5-year renewal period options, so lease can be extended until 10/31/36

FF&E General Condition: Very good condition

Reason for Selling:

retirement

Additional Details:

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