Top Rated Upscale Restaurant & Bar
Not Disclosed, NJ Bergen County
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- RE: Top Rated Upscale Restaurant & Bar
- Contact: Brian Smith
Quick Facts
| Asking Price: | $799,000 | |
| Annual Revenue: | $1,500,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $499,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $400,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2021 | |
| Employees: | 14 | |
| BBN Listing #: | 984137 | |
| Broker Reference #: | 3408-18711 |
Business Overview:
Top-Rated Upscale Dining Experience in Northern NJ. This 150-seat restaurant has developed a remarkable following over the past few years, with hundreds of glowing 5-star reviews setting it apart from the competition.
The new owner will be positioned for immediate success, as a profitable and scalable business model is already in place. This establishment has gained recognition in the industry, attracting diners from across the Tri-State area who come to enjoy its high-quality food and inviting atmosphere.
The current owner seeks a qualified buyer to continue building upon the brand's success.
Please note that a liquor license is not included in the sale.
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Property Features and Assets:
Perfect location. Ample private parking. Custom equipment and decor. 18-year lease.Â
Assets = $400,000
Market Competition and Expansion:
Competitive industry. The hundreds of high-quality positive reviews set this restaurant apart from the competition.Â
Reason for Selling:
The owner is pursuing other endeavors.Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is a franchise resale opportunity
Relevant Links:
- View more New Jersey businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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