Successful Turnkey Restaurant For Sale in Morris County

Asking Price$499,999

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue$948,848

Inventory$250,000
Included in asking price
FF&ENot Disclosed

Patio
Indoor
Waiting Area
Kitchen
Kitchen
Indoor
Patio
Indoor
Save1/6

Successful Turnkey Restaurant For Sale in Morris County


Asking Price$499,999

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue$948,848

Inventory$250,000
Included in asking price
FF&ENot Disclosed

Business Description
This long-established Mediterranean restaurant has become a local favorite, known for its quality cuisine, warm ambiance, and consistent customer base. Located in Morris County, this full service restaurant operates in a 2,400 sq ft space and offers seating for approximately 80 guests indoors, along with a permitted outdoor patio area that enhances the dining experience in the spring and summer months.
This restaurant features fully equipped commercial kitchen, tasteful interior finishes, and a layout that supports both dine-in and private events. With years of operational history and a dedicated customer base, the business presents a stable foundation for continued success. It continues to enjoy stable revenue with strong word-of-mouth and repeat business.
This is a turn-key operation and ready for a smooth transition for the next owner. Whether you’re a first-time buyer or an experienced restaurateur, this is an excellent opportunity to acquire a respected and fully operational concept in a desirable location.
About the Business
Years in Operation
11
Employees
10
Facilities & Assets
Lease options to renew are available. Commercial-grade kitchen equipment (exhaust hoods, grills, ovens, fryers, walk-in fridge and freezers, fire suppression systems, etc.), ice machines, dining room furniture (tables, chairs), POS system and other technology used in daily operations, patio furniture, smallwares, utensils, and serving equipment, interior decor, lightening fixtures and speakers (indoor and out), signage, goodwill and branding, operating systems and vendor relationships, etc.
Market Outlook / Competition
The town itself has limited direct competition in the same category. There are few Italian, American, Chinese, and casual diners, but very few offering similar full-service Mediterranean dining experience.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
2,400
Rent
$6,000.00 per month
Lease Expiration
11/1/2029
About the Sale
Seller Motivation
Retirement!
Transition Support
Willing to provide 4 weeks of training post sale.
Listing Info
ID
2349372
Listing Views
979

Contact Seller

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Business Listed by: Hilal Yumru

Listing ID: 2349372 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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