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Business for Sale Summary [Non-Confidential]

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Essex County, NJ

Business Type: retailing businesses,bar/tavern/night clubs,other eating & drinking places,restaurant/ cafes

Recorded Info
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Non-Confidencial Financial Infomation

  • Asking Price

    $5,999,900.00

  • Gross Revenues

    $2,290,000.00

  • Financing

    $ 3,500,000.00 Down and 2,499,900.00 7.9% for 120 months

  • Owner's Cash Flow

    $1,206,000.00

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Business Description

This is an exceptional Landmark Restaurant serving top rated cuisine. It is so highly rated that it has received 5 chef hat honors from the Daily News and Channel 7. It has aced every review that has ever been written. This is your once in a lifetime chance to get into the big time and own a top notch restaurant and be the king of the hill. After 37 years of building an impeccable reputation, this business is a cash machine on auto pilot. This is the kind of business that gets passed down through the generations. All the hard work has been done and now the customers come in droves as a destination. Reservations are a must, so you can count your money in advance. If that isn't enough, this business also makes tons of money with banquets, private parties and catering. There are 3 spacious apartments above the restaurant bringing in $36,000/year. So don't wait a minute, contact me and I have so much more to show you and tell you about this once in a lifetime opportunity. Real Estate must be purchased through the owner

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