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Closed Restaurant & Real Estate

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New Jersey   |  Food and Beverage Businesses for Sale – Other Food and Beverage Businesses for Sale

Business Description

Beautiful, recently renovated restaurant and real estate currently closed on a very busy highway in Warren County, NJ. The location was previously operating as a high end hibachi and sushi restaurant and is fully equip for immediate opening. This restaurant can be changed into any particular style with a minimum cost. The price of the business and property has been reduced to a short sale of only $350,000 which is substantially below market value. The previous owner has had many years of success at this location; however the business requires a change and new ownership. This is an excellent business opportunity at a great price and good terms. Please call for further details.

About the Business

Year Established:
1970
Facilities:
The facility consists of 2,000 square feet in a free standing building on a corner lot with substantial exposure. The restaurant has modern lavatories with an upgraded attractive appearance. The facility has a full basement, lots of storage and a private office.
Market Outlook/
Competition:
This business requires an alternate restaurant style with an updated venue that will attract new and additional customers. The purchaser must institute a marketing plan which will further develop new clientele. This general area has no significant competitors and the seller will supply a non compete agreement to the new operator.

About the Sale

Reason For Selling:
The seller has retired from this industry and into an alternative business.
Training/Support:
The seller will supply any assistance required to the new purchaser.
Seller Financing:
Seller is willing to finance to a qualified buyer.

Listing Info

BizQuest Listing ID:
1111214
Ad Detail Views:
286
Asking Price:
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Gross Revenue:
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Cash Flow:
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Inventory:
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FF&E:
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Real Estate:
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Business Listed by
Ron Cervelli
Regal Consulting Corp.
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U.S. Census Data for Warren County, NJ
Age

Gender

Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Warren County, NJ
Income

Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms & Conditions.