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Thriving restaurant opportunity in prime location Net Profit 248K!

Union County, NJ

Seller Financing Available

listing image
Asking Price:$499,000
Gross Revenue:$946,000
FF&E:$604,818
Cash Flow:$248,000
Rent:$3,823.5/Month
Established Year:2013
Listing ID: 2097044Listing provided by BizBuySell
BUSINESS DESCRIPTION

Established Clientele! High Profit!

"Discover the Perfect Investment Opportunity in the Heart of Fine Dining! Net Profit 248K & Semi Absentee Owner!

Please Sign the attached confidentiality Agreement Below and we will contact you as soon as possible!

Are you ready to step into the world of culinary excellence and financial success? Look no further than our prestigious BYOB fine dining restaurant, where sales are soaring close to $1 million annually with a remarkably low rent structure and verifiable High profits that speak for themselves. Seats 65 plus 20 outside, plenty of parking (a parking lot in the rear of the building).

Join us in this rare chance to own a thriving establishment that has captured the hearts and palates of discerning diners. From the elegant ambiance to the exquisite cuisine, every detail of this restaurant exudes sophistication and charm. With a track record of success and a loyal customer base, this gem is poised for continued growth and prosperity under new ownership.

Seize the opportunity to make your mark in the culinary landscape and reap the rewards of owning a truly exceptional business. Contact us today to learn more about this exclusive offering and take the first step towards securing your place in the world of fine dining excellence. Don't miss out on this chance to own a piece of culinary paradise!

ATTACHED DOCUMENTS
Confidentiality Agreement.pdf.pdf Download
DETAILED INFORMATION
Location
Union County, NJ
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
1,700
Lease Expiration
11/04/2040
Employees
12
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Additional Lease Options Available! Additional 1700 sf Basement for preparation. Dining area, kitchen, restrooms, outdoor seating, Decorations, furniture, ovens, stoves, grills, refrigeration units, dishwashing equipment, and utensils, Tables, chairs, booths, Fixtures, sinks, toilets, Bar counter, bar stools, glassware, Patio furniture, umbrellas, napkins, Plates, glasses, silverware. Open table Point-of-sale terminals, credit card processing machines, and software for managing orders and payments. Website, social media accounts. Exterior signage, logos.
Competition
There is a little to no competition due to the unique concept!
Growth & Expansion
Expanding the restaurant's operating hours to include lunches and brunches can lead to increased revenue, a broader customer base, better resource utilization, competitive advantage, enhanced brand visibility, increased customer loyalty, and opportunities for special events.
Financing
200000
Support & Training
one to Two weeks of training or (as needed)!
Reason for Selling
Other businesses grown significantly, requires more of the seller's time & Attn!
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Jack Benani
Phone Number
Jack Benani
Call Phone