Northern Bergen County Restaurant FOR SALE

Bergen County, NJ
Dinning Room
Asking Price:$625,000
Gross Revenue:$600,000
Rent:$6,100/Month
Cash Flow:$230,000
Inventory:$30,000
Established Year:1997
BUSINESS DESCRIPTION

This Restaurant has been in business for over 27 years with the original owners. They are now looking to sell this well established business with a Full Liquor License, in the heart of Fair Lawn New Jersey. The restaurant has a full bar with approximately 20 seats and a 100+ seat dinning room just remodeled. There is an enormous basement for prep and storage. The kitchen is HUDGE and all good working equipment, any chef would love this space. There is an ample parking lot and also plenty of parking near the restaurant. Liquor lic. alone is worth over 300k, fixtures and kitchen another 300k+ in Value. This establishment is a absolute STEAL!


DETAILED INFORMATION
Location
Bergen County, NJ
Inventory
Included in asking price
Real Estate
Leased
Building SF
5,000
Lease Expiration
30/08/2034
Employees
12
Facilities
ALL inventory, equipment, fixtures and liquor license is included
Competition
Established 27 years in the heart of Fair Lawn
Growth & Expansion
with the extra space you can offer more catering
Support & Training
2 week support and training will be offered and if need it can be extended
Reason for Selling
Retirement
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Peter
Ingrasselino
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Peter Ingrasselino