Upscale Multi-Concept Restaurant Group — Prime Bloomfield NJ Location
Asking Price: $3,499,000
Location: Confidential (all restaurants on same block)
Established: Recent buildout — $5M+ invested
Lease Terms: Long-term (15+ years remaining)
Sale Structure: Can be sold as full package or individually
Facilities: Two leased units (one housing dual concepts)

Business Overview
Incredible opportunity to acquire a fully built-out group of restaurants on the same block — offering multiple revenue streams across dayparts, all developed and executed with top-tier design, branding, and operations. This includes:

A modern full-service restaurant and bar in its own space

A second unit housing a dual concept: a full-service dining operation plus a separate daytime-forward bakery with its own identity.

The businesses are distinct but strategically integrated, allowing for shared operations, staffing, and cross-traffic while maintaining individual branding and customer experiences. All concepts were created by the same experienced hospitality team and were designed to operate efficiently in tandem or independently.

Key Highlights
$5M+ Buildout Investment: These are not second-gen spaces — every element of the buildout was completed from the ground up with high-end finishes, custom millwork, top-tier kitchen equipment, and modern mechanicals. A comparable buildout would easily exceed $6M today.

Long-Term Leases in Place: Both spaces have 15+ years remaining on leases, ensuring long-term operational security and landlord alignment.

Prime Location: All units are located on the same block on the one of the busiest roads in Bloomfield, within a highly desirable dining corridor known for strong foot traffic, dense population, and destination appeal.

Multiple Concepts, Shared Infrastructure: Unique dual-concept layout in one unit creates efficiencies and synergy across dayparts (e.g., breakfast/brunch and dinner service), while the stand-alone restaurant provides flexibility for events, high-volume service, and expanded bar revenue.

Growth Ready: Ideal foundation for multi-unit expansion, franchising, or licensing. Operational systems allow for scalability under experienced ownership.

Ideal Buyer Profile
This opportunity is best suited for:

Hospitality Groups looking to expand their portfolio with ready-to-go, brandable units

Experienced Restaurant Operators with the infrastructure and capital to scale multi-unit, multi-concept operations

Private Equity or Investment Groups seeking to enter or grow in the high-margin food & beverage segment with built-in assets and team

Financial & Deal Summary
Category Details
Asking Price $3,499,000
Total Buildout Cost ~$5,000,000
Est. Replacement Value $6,000,000+
Sale Includes All FF&E, leasehold improvements, brand assets, goodwill
Lease Terms 15+ years remaining (both units)
Sale Flexibility Will consider full package or selling units individually
Why This Deal Makes Sense
Below-Replacement Pricing: Acquire over $6M in high-end restaurant infrastructure for $3.5M

Turnkey Operations: No need to spend years building — everything is already operating and producing revenue

Diversified Revenue Streams: Breakfast, brunch, dinner, cocktails, events, private dining — all built into the model

Efficient Operations: Co-located concepts allow for shared labor, procurement, and marketing

Protected Leases: Secure tenancy with long-term agreements already in place

Modern Design & Branding: Each concept has been professionally branded and built to attract a broad customer base across demographics

For experienced operators or groups seeking to own a multi-unit, high-impact restaurant footprint in one of the most desirable dining areas in the region, this is a rare opportunity to acquire premium assets at well below cost.

Contact Ben Jerrom for full details, financials, and showings.