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Vietnamese Restaurant

Bergen County, New Jersey

Asking Price: Gross: Cash Flow:
$110,000 $363,000 $161,720

Furniture and Fixtures Value:
$40,000 (included in the asking price)

Inventory Value:
$3,000 (included in the asking price)

Business Summary:
Excellent upscale neighborhood Vietnamese Restaurant located in one of the most sought after shopping areas in Bergen County which is supported by surrounding businesses, specialty shops, office workers and residential homes. This 1,200 sq. ft. restaurant seats 30 people. According to the owner, this restaurant serves one of the finest Vietnamese dishes in the area at very reasonable prices and combines the fine dining experience with great prices for today’s market. Incredibly equipped commercial kitchen has one of everything. This commercial kitchen anyone could cook from. It is easy to operate and could easily convert to any type of cuisine. The owner will share all the recipes for a simple easy transition. He is also willing to train the new owner for up to two to four weeks. The rent is only $2,200 per months and there is 9 years left on the lease with (2) five year options. For further information please contact Gene Reilly at 908-851-9040 Ext. 293.

 
   
   
Year Business was Established: 2004
   
Number of Employees: 2FT/1PT  
   
Facilities / Terms of Lease: Vietnamese Restaurant located in Bergen County is 1,200 sq. ft. and seats 30. The rent is only $2,200 per month and there is 9 years left on the lease with (2) five year options. Plenty of street parking. Was renovated in 2010 at a cost of over $40,000.  
   
Owner willing to train: Seller will stay on for 2 to 3 weeks  
   
Reason for selling: Other restaurant in NY  
 

 

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