Restaurant Opportunity

Not Disclosed, NJ
Bergen County


Asking Price: Annual Revenue:
Not Disclosed $3,000,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Restaurant Opportunity Broker: Ron Cervelli
Owner Financing is Available!
May be available to a qualified buyer.

Quick Facts

Asking Price: Not Disclosed
Annual Revenue: $3,000,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $680,000
Real Estate: Not Disclosed
Year Established: 2009
Employees: 24
BBN Listing #: 92533909
Broker Reference #: REST702

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Business Overview:

Well-known restaurant located in Northern New Jersey in the County of Bergen, conveniently near various state highways. This multi acre site with a 7,000-square foot restaurant lounge has a 2018 yearly gross income of approximately $3,000,000 and a substantial net income to the owner operator. One of New Jersey’s most successful restaurant tavern and has welcomed guests to enjoy its contemporary American cuisine, warm hospitality, and unparalleled service for over five decades. For many years this restaurant has been serving a wide variety of freshly prepared food, all made to order, and their menu features the freshest, most mouth-watering ingredients. The business is open for lunch, dinner, cocktails, Sunday Brunch, private parties and off-premises catering and the restaurant also hosts live music. They offer everything from pizzas to their signature burger, mouth-watering BBQ specialties, homemade desserts & soups, wraps, steaks, salads, sea foods and so much more. The restaurant consists of various attractive rooms and they have a capacity for private parties including a huge bar area with entertainment approval. The restaurant has seating capacity for 175 customers and is available for any type of event including buffets, or sit-down meals. The restaurant also offers catering as an additional income. This business has approximately twenty-four full & part time employees who are unaware of the pending sale and fully expected to remain post-closing, monthly payroll $29,500. This is a dependable business opportunity. Please do not disturb business, this sale is absolutely confidential, the employees are Unaware of the pending sale, all viewings are by appointment only and photo does Not represent this business opportunity.

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Property Features and Assets:

This highly popular retail restaurant consists of 7,000 square feet with an attractive clean appearance. The business consists of a free-standing structure, on multi acres, just off a major New Jersey State highway. This restaurant business opportunity is in Northern New Jersey, Bergen County with highly populated communities and continued demand for this food service.

Market Competition and Expansion:

To the best of our knowledge due to various circumstances, no other new competitors are expected near to this business and the owner has agreed to supply a long term non-compete agreement to the purchaser. To the best of our knowledge due to various circumstances, no other new competitors are expected near to this business and the owner has agreed to supply a long term non-compete agreement to the purchaser.

Reason for Selling:

Owner is retiring.

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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