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A Restaurant Lounge that Profits keep Flying

Union County, New Jersey

Asking Price: Gross: Cash Flow:
$1,000,000 $2,500,000 $401,250

Inventory Value:
$50,000 (included in the asking price)

Business Summary:
Meant for the true restaurateur who is looking for a successful culinary creation. Absentee beautiful upscale and elegant Asian Restaurant located in Union County. This spacious restaurant consists of over 6,400 sq. ft. with seating for 240. There is also a 1,000 sq. ft. outdoor patio area surrounded by beautiful foliage. Located in a busy Shopping Center with very high traffic count. You feel welcomed the moment you enter because of the interior design and décor. Great ambiance and extensive menu. Live Entertainment and Karaoke on the weekend. Loyal and strong customer base provides a steady stream of customers. Comes complete with a full-service bar and full liquor license, fully equipped kitchen, table top BBQ dining room section, Soup, Salads and Sushi bar section. Built-out cost over $1 million just 16 months ago. Facility would easily accommodate franchise type restaurant. All restaurant and kitchen inventory included. Everything owned no leases on equipment. Currently open 7 days per week serving lunch and dinner. There is no better restaurant opportunity than this. If purchased with listing #4897 a $300,000 discount on selling price will be given. Contact Vito Mastromonaco or Gene Reilly at 908-851-9040. Email: [email protected] / [email protected]

 
   
   
Year Business was Established: 2011
   
Number of Employees: 35  
   
Facilities / Terms of Lease: Beautiful upscale and elegant Asian Restaurant located in Union County. This spacious restaurant consists of over 6,400 sq. ft with seating for 240. There is also a 1,000 sq. ft. outdoor patio area surrounded by beautiful foliage. Located in a busy Shopping Center with very high traffic count...Built-out cost over $1 million just 16 months.  
   
Owner willing to finance: Prime + 2% for 2 years  
   
Owner willing to train: 4 weeks Training  
   
Reason for selling: Corporation Dives Restaurant in their portfolio  
 

 

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