TURNKEY Hudson County restaurant with fully equipped kitchen and elegant set up - modern decoration, marble-topped tables/counter, equipment in excellent condition (detailed list below). PRIME location near the waterfront and NYC PATH train, resulting in heavy traffic by affluent clientele, parking in street and in public lot. 700 sq ft with 200 sq ft attic, 3.5 years left on lease plus optional 5 years.
About the Business
Hudson County, New Jersey
Building Sq. Ft.:
$7.40 Per Month
New 15 foot hood, oven with range, grill, broiler, 2 burner ovens (8 burners), walk-in box refrigerator, refrigerator with 48 inch top for sandwich prep, sink with 3 compartments, 2 freezers in attic, 2 prep tables, DVR camera and speaker system; 9 foot long marble counter, cabinet with marble top, drink display refrigerator, 8 marble tables, 2 marble top bars/counter, 8 chairs, 2 benches with storage, handicapped bathroom.
Growth & Expansion:
Can convert to any eatery, advertise with a website and social media delivery
Asking Price: $65,000 Gross Revenue: Not DisclosedCash Flow: Not DisclosedEBITDA: Not DisclosedInventory: Not Disclosed FF&E: $105,000 included in asking priceShare this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
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