Very nice Restaurant with 2 floors on busy street

Asking Price$299,000

Cash Flow
$142,074
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$780,000

InventoryNot Disclosed

FF&E$75,000
Included in asking price
Real EstateNot Disclosed

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Very nice Restaurant with 2 floors on busy street


Asking Price$299,000

Cash Flow
$142,074
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$780,000

InventoryNot Disclosed

FF&E$75,000
Included in asking price
Real EstateNot Disclosed

Business Description
Very nice restaurant on a very busy street on 2 floors, seating 150+ has takeout. Large catering area large bar upstairs if obtain a liquor license, currently a byob restaurant with a wine license. Plenty of parking. New 40 family building being built across the street, currently no marketing or promo of restaurant being done. To do this will certainly increase business.
About the Business
Years in Operation
6
Facilities & Assets
2 stories
150+ seats
Large bar upstairs
Has NJ Wine License
Large parking lot
Market Outlook / Competition
Currently no marketing or promo is being done. To do this will certainly increase business sales.
About the Sale
Transition Support
To be discussed
Financing Options
Interest rate : Prime for 2-3 year financing of balance $149,000
Listing Info
ID
2313193
Listing Views
621

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Business Listed by: Howard Goldberg Executive Business Brokers

Listing ID: 2313193 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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