Very nice Restaurant with 2 floors on busy street
Essex County, NJ
| Asking Price: | $299,000 |
| Gross Revenue: | $780,000 |
| Established Year: | 2019 |
| Cash Flow: | $142,074 |
| FF&E: | $75,000 |
Listing ID: 2313193Listing provided by BizBuySell
BUSINESS DESCRIPTION
Very nice restaurant on a very busy street on 2 floors, seating 150+ has takeout. Large catering area large bar upstairs if obtain a liquor license, currently a byob restaurant with a wine license. Plenty of parking. New 40 family building being built across the street, currently no marketing or promo of restaurant being done. To do this will certainly increase business.
DETAILED INFORMATION
Location
Essex County, NJ
Inventory
Not Included in asking price
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
2 stories
150+ seats
Large bar upstairs
Has NJ Wine License
Large parking lot
Competition
Currently no marketing or promo is being done. To do this will certainly increase business sales.
Financing
Interest rate : Prime for 2-3 year financing of balance $149,000
Support & Training
To be discussed
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