NOT DISCLOSED, New Jersey
| Asking Price |
$450,000 |
Year Established |
2018 |
|
| Annual Revenue |
$800,000 |
Reason for Selling |
Owners are pursuing other business interests. |
|
| Annual P/L |
$0 |
Attention |
Brian Smith |
|
| Annual Cash Flow |
$102,900 |
Listing Number |
1007082 |
|
| # of Employees |
11 |
Business Category |
Food & Beverage: Restaurants, Fast Food, Deli |
|
Business Overview:
Well-established, high-performing seafood restaurant located in a dense, high-traffic area of Passaic County, New Jersey.
This is a fully operational, turnkey restaurant featuring a full liquor license, excellent build-out, and a layout that easily supports a wide range of restaurant concepts.
The space is in excellent condition with a modern design and strong infrastructure, making it ideal for a buyer looking to continue the existing concept or convert to any cuisine, such as Italian, Asian, Latin, American, Mediterranean, or casual/fine dining.
Highlights
- Full Liquor License Included (major value in NJ)
- Turnkey Restaurant – No Immediate CapEx Required
- Excellent Condition Space & Build-Out
- Flexible Layout – Easily Convertible to Any Concept
- Large Basement Storage Area (rare for the market)
- High-Quality, Well-Maintained Equipment
- Strong local customer base and steady traffic
- Ideal for owner-operator or multi-unit group
Property Features and Assets:
<ol><li><p>Attractive dining room with adaptable floor plan</p></li><li><p>Efficient, fully equipped kitchen</p></li><li><p>Massive basement storage for inventory, prep, or overflow</p></li><li><p>Favorable lease terms available</p></li><li><p>Strong visibility and accessibility</p></li></ol><p>Assets = $125,000</p>
Market Competition and Expansion:
<ol><li><p>Continue current seafood concept or rebrand to a new cuisine</p></li><li><p>Increase alcohol sales and bar programming</p></li><li><p>Expand catering, private events, or delivery</p></li><li><p>Optimize hours of operation and marketing</p></li></ol>
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is a franchise resale opportunity