The total asking price of the assets of this business.
Asset Sale Description
Most unusual business opportunity to lease this valuable, just built restaurant and banquet facility which includes a New Jersey State issued Consumption liquor license. The business is located on a major state highway in a newly built commercial mall setting with a host of highly successful retail businesses. Lease and terms, the business transaction will offer a new commercial lease which expires 2039-01-01, plus additional options available, cost per square foot is estimated at $18.00 net, and rent security to be negotiated. Regarding required licenses, the sale will include a certificate of occupancy and entertainment approval from the local municipality, the consumption liquor license and the required state or city licenses to conduct its day to day business. The business has been priced based on a lease agreement to be further negotiated, to include a new kitchen and rent security. This is a dependable safe business opportunity and based on the asking price, required down payment and yearly net income, this business expects to supply a consistent return on investment to the owner operator. Please do not disturb business, this sale is confidential, all viewings are by appointment only and the photo does Not represent this particular business opportunity.
This newly built retail business opportunity consists of two floors, approximately 10,000 square feet with a beautiful ultra-modern appearance. The restaurant is in a large newly built commercial mall consisting of five acres, with various other active and successful businesses. This opportunity is in North Western New Jersey, Hunterdon County, which consists of various affluent and near to highly populated communities with continued demand for this personal service.
Training and owner support, the owner is a builder landlord and not in the industry, no specific training will be supplied.
Reason For Selling:
Landlord desires to lease the business.
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