Newly renovated location with huge upside for owner operator

Iselin, NJ
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Asking Price:$500,000
Inventory:$10,000
FF&E:$100,000
Gross Revenue:$780,000
Rent:$21,000/Month
Established Year:2023
ASSET SALES DESCRIPTION

This restaurant seats 95 people. Prime for a good operator, Vegan menu but can be changed to include non vegan Indian cuisine. There is a 4.5 year sublease with potential for extensions. It is fully built out and has two walk-ins, two separate kitchens, hoods and dining areas. One for the restaurant and one for catering reserved party room for in house parties. All Fixtures are new and in excellent operating order. All kitchen equipment and furniture and fixtures included.. Turn the key and make money.


ATTACHED DOCUMENTS
Brochure.pdf Download

DETAILED INFORMATION
Location
Iselin, NJ
Real Estate
Leased
Building SF
4,400
Lease Expiration
30/06/2029
Employees
6
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
All FF&E
Competition
Savanna Bhavan does 50-60K a week. Direct Competition
Growth & Expansion
Growth potential is enormous for the right user.
Financing
N/A
Support & Training
N/A
Reason for Selling
The owner is not a restaurant operator.
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Philip Meoli
Sitar Realty Company TCN WORLDWIDE
Philip Meoli