Indian Restaurant

Montclair, NJ
listing image
Asking Price:$300,000
Gross Revenue:$1,250,000
Established Year:2021
Cash Flow:$150,000
FF&E:$50,000
BUSINESS DESCRIPTION

Great downtown location in restaurant destination town. Restaurant is 1,300 sf with a full basement, 44 seats plus 10 outside seats, rent is $4,500. per month, long lease, gross sales of $25-26k per week, open 7 days a week. Perfect for a chef/owner. Motivated seller. Owner will finance 50% of sale price.


DETAILED INFORMATION
Location
Montclair, NJ
Inventory
Not Included in asking price
Employees
12
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Downtown store front location, 1,300 sf, full basement
Support & Training
2 weeks
Reason for Selling
Owner is opening a new restaurant in NYC
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Ron Vannelli
The Restaurant Brokers
Ron Vannelli