1. Home
  2. Businesses for Sale
  3. New Jersey
  4. Restaurant/ Cafes

Business for Sale Summary

Newly Renovated Restaurant - 26968

Business Type: other eating & drinking places,other food stores,new to market,seller financing available,restaurant/ cafes
Owner Financing
Newly Renovated Restaurant
Get Instant Access to the Business Financial Information

Take Action

This Listing Has Not Been Added to Your Portfolio Add this listing to your portfolio to view confidential financial info
View Financials Free Get the Address Click Here
*Some information is only available to registered members. Please login or register to view confidential information.
This business has received 31 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $300,000 Down Payment $150,000
Gross Revenues $0 Lease Remaining Register Free to View
Owner’s Cash Flow $0 Number of FT Employees Register Free to View

Financing

$150,000 Down and 1 year at 8%

Business Description

Newly renovated restaurant for sale in affluent town. Suitable for conversion to any type of cuisine. Premises feature open kitchen, 3,500 sq. ft, seating for 60 customers, full basement suitable for prep, and folding glass doors that can open to the street during good weather. Fresh and clean appearance with modern eclectic decorative theme. Current monthly rent is below market at $8,500 plus taxes. 5 year lease with 5 year option. Current business established 10 years and grossing $10K weekly. Major equipment includes: 12 burner stove, 3 hood systems, 2 walk in boxes, 2 ft grill, double basket fryer, 2 Micros POS stations, OpenTable reservation software, and more. SELLER FINANCING AVAILABLE TO A QUALIFIED BUYER. If you are a restaurant professional with the ambition to take this growing business to the next level, then the business owner wants to talk with you. Detailed financial information will be available to a buyer after a personal meeting only. Make your inquiry today! Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.