Mediterranean/Seafood Restaurant! Priced Way Below Market!

Asking Price$159,900

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue

Inventory$6,000
Not included in asking price
FF&E$100,000
Included in asking price
Real EstateNot Disclosed

Trendy Dining!Save

Mediterranean/Seafood Restaurant! Priced Way Below Market!


Asking Price$159,900

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue

Inventory$6,000
Not included in asking price
FF&E$100,000
Included in asking price
Real EstateNot Disclosed


Seller Financing Available
Business Description
Trendy Hot Spot! Totally renovated! Turn-key resaurant operation. Successful dining cuisine! ully equipped and ready for the next new owner. Unbelievable below market price that can't be duplicate!
Everything is ready to go! Popular Local favorite with large client base!
Ideal location in and upscale Essex County community. Free standing building with great visibility and busy traffic flow. Easy access from major highways Rt 80/46/280. and it is easy to get to. Located on a busy main street in the center of town. Kown for the finest food quality/sevice and seafood selections for mare than a decade. This is a popular dining experience that brings repeat customers to this destination over and over again. Low Expenses! Huge volume and sales are growing. Seats 130-140, plus a party room 4,000 sq ft with a very large parking lot. Open 6 days a week 11:30-9:00. Perfect for any cuisine!
About the Business
Years in Operation
7
Employees
8 (4 Full-time, 4 Part-time)
Facilities & Assets
Beautiful free-standing building with easy access, high visibility, established and popular restaurant! Busy main street location with high traffic flow. Extra large parking lot and convenient access from major highways. Owner does not advertise as customer repeatedly visit this popular dining destination. for its fine food and impeccable service and atmospher. Large dining room seating 130-140 seats plus 4,000 square foot party room!
Market Outlook / Competition
Perfect location and fully equippped, totally renovated and turn-key operation! Lends itself to any cuisine. totally ready for the new owner to walk in and start operating! Plenty of opportunity to grow the already successful restaurant. Option to open another additional day. Develp the catering business and utilize the party roo. for additional income. Increase existing sales with a marketing and advertising campaign that the owner has not engaged in. Low expenses. The sale price is below market value for the business and the assets included. Tart your business off with the alreday successful base and let it grow!
Opportunities for Growth
New owners can build on the already successful client and sales base. Incorporate your own skills and talents. This a great opportunity for your business and cuisine to start and skyrocket in the perfect location. Fully equipped with every piece of equipment and so much more! Turn-key operation. Successful money-making restaurant with plenty of opportunity to bring your new ideas to bigger heights. This reaaurannt lends itself to any cuisine. Totally ready for the new owner. Plenty of opportunity to grow the already successful restaurant and bring your new vibe and ideas to increase sale and profits!
About the Sale
Seller Motivation
Family Commitments
Transition Support
Two weeks
Financing Options
TBD-$100,000 Down to qualified buyer with proof of funds.
Listing Info
ID
2510766
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Business Listed by: Cindy ReMax Properties Plus

Listing ID: 2510766 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 of Use. Learn how to avoid scams.


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