Turn-Key Takeover Essex/Union Boarder!
Essex County, NJ
| Asking Price: | $995,000 |
| Gross Revenue: | $2,900,000 |
Listing ID: 2284239Listing provided by BizBuySell
BUSINESS DESCRIPTION
One of the most versatile spaces we have listed - Franchise-like and absentee business looking for a new owner to takeover OR to make the space their own. Easily a $3m renovation that you can get for UNDER $1M. Includes: liquor license, parking, and transfer of present lease. Features: 3 bars, stunning renovation, and a $2.9m grossing business (if you choose to takeover).
DETAILED INFORMATION
Location
Essex County, NJ
Inventory
Not Included in asking price
Facilities
See description.
Competition
Compete with the best of Essex and Union county, without worrying about where to park. Train line is also in walking distance, perfect for commuter customers and/or workers. This location is not for the inexperienced restauranteur.
Growth & Expansion
The space can handle $3m in sales with a food focused concept. Sales could easily be increased with proper management in current concept. Opportunity to grow liquor sales for even more profits.
Financing
For Qualified Buyers Only
Support & Training
Any support/training required for a smooth transition.
Reason for Selling
Moving out of state
Franchise
This business is an established franchise
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