ID# 1554 – Long Lease In Trendy Montclair

Montclair, NJ
Essex County

Asking Price: Annual Revenue:
$150,000 Not Disclosed

Food & Beverage: Restaurants, Fast Food, Deli

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RE: ID# 1554 – Long Lease In Trendy Montclair Broker: Seller of Business

Quick Facts

Asking Price: $150,000
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 #: 317457204
Broker Reference #: 1554

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Business Overview:

The restaurant is situated in a place known as one of the most bustling restaurant towns in all of Essex County - Montclair. The sellers own a larger restaurant with liquor in Morris County and are now passing the torch to their son who simply cannot be in two places at once. This presents a rare opportunity for a buyer to get into this area with a reasonable rent (under $10,000) and a nice long lease (16 years remaining). The entire restaurant was built out just four years ago so everything is relatively new and in fine working order. The interior space is a well-appointed 3,300+/- square feet and there is also 150 square feet of outdoor patio space. The restaurant is doing over 1.1M in business. If you have ever dreamt of operating in a trendy, lively neighborhood, this is certainly an opportunity worth checking out– schedule your showing today.

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Market Competition and Expansion:

Sale includes: Business, Long Lease, 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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