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| Asking Price: |
$50,000 |
| Gross
Sales: |
$250,000 |
| Net Income: |
n/a |
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Inventory Value: |
$295,000 |
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Furniture/Fixtures/Equipment: |
$295,000 |
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An elegant Restaurant Lounge & Catering business located in a prime area of Essex County, New Jersey. This unique transaction represents a lease sale and the price is limited to key funds of $50,000 with an appropriate security deposit. The lease sale includes the existing business assets, use of a consumption liquor license, an ultra modern fully equipped facility and 150 car parking. The facility is 3,300 square feet and consists of two floors including a separate room for private Banquets & Catering. The business has a large bar, a commercial kitchen, modern bathrooms and multiple entrances. The present owner is also the landlord and owns multiple businesses, therefore he cannot effectively maintain this business. The business has a long history of success and is well known in this particular area. All equipment including the kitchen is in excellent condition. This is a great opportunity to own a well established combination business.
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Year Established: 1975
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Employees: 4
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Facilities: The facility is 3,300 square feet on two floors. The business has an indoor seating capacity for 110 customers and additional seating at the Bar area and private banquet room. Landlord will supply a new 5+5 year lease with additional options for continuation. Rent offered is $12,000 monthly and includes, rent, taxes, all utilities, water, and use of liquor license. A two month security deposit is also required.
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Financing:1975
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Reason
Selling: Multiple businesses throughout the area.
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Real
State Option:n/a
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 Broker
Contact: Customer Service
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