Kosher Conversion Restaurant in Lakewood/Jackson Area Great Lease

New Jersey

Seller Financing Available

listing image
Asking Price:$950,000
FF&E:$250,000
Rent:$8,550
BUSINESS DESCRIPTION

Location! This restaurant is in an upscale mall at the heart of Lakewood's shopping area. With a fantastic 12-year lease below market value, boasting 3200 square feet, ample parking, and high foot traffic, this fully operational and profitable restaurant was recently updated in 2021. This is waiting for a savvy operator to convert it into a thriving kosher establishment. In the Lakewood Jackson area.


DETAILED INFORMATION
Location
New Jersey
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
3,234
Lease Expiration
04/08/2036
Employees
8
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Lease Terms Options: 10 year lease + 5 year option
Financing
Owner Terms:$400,000.00 Interest:8% Term Months:60 Monthly Payment:$8,110.00
Reason for Selling
Retiring
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Hillel Pollak
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Hillel Pollak