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Award Winning Upscale Restaurant
Location: United States -> New Jersey
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)




Business Summary

Restaurant has had steady growth over last 5 years; current owner is looking for larger location. Growth is from great reviews, return clientele and referrals. This turnkey operation is perfect for Chef-owed startup business. Owner is looking for larger location. Fairly priced based on the restaurant valuation report, the 40 + 20 outdoor seat restaurant is a great opportunity in a growing population of luxury apartments next door nearing completion this year. Lease is guaranteed for 9 more years. The buyer will be required to furnish financial credentials and will not incur any existing debt through the sale. Interested parties amy leave a message at 856.933.3324.


Financials

Asking Price Range:  < $250K
Gross Revenues:   $250,000
Cash Flow:   $85,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $50,000
Seller Financing:  No

About The Business

Year Established:  2007
Number of Employees:  6 - 9
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Sale

About The Sale

Management Training and Support:  Available
Reason For Selling:  Owner moving to larger location




Print Listing Id: 700182718
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Related Searches: Catering Services  >  Food Production and Packaging  >  Grocery and Supermarkets  >  Liquor Stores  >  Restaurants and Fast Food (Non-Franchise)  >  Vending Machines  >  Other Food and Beverage  > 

Also See: Franchise Opportunities > Franchise Resales > New Jersey Businesses For Sale > New Jersey Franchises For Sale > New Jersey Business Brokers



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