40 year old Seafood Restaurant
Essex County, New Jersey
| Asking Price: |
Gross: |
Cash Flow: |
| $229,000 |
$896,163 |
$60,021 |
Furniture and Fixtures Value:
$90,000 (included in the asking price)
Inventory Value:
$5,000 ( not included in the asking price)
Business Summary:
This great combination restaurant and retail store has been a mainstay for area seafood lovers for over 40 years. Outstanding quality has always been the calling card. Featuring front & rear access w/ free municipal parking outside back door. Comfortable seating for 40 people. Full basement includes refrigeration & large storage area. Working owner’s $30,000 compensation can be adjusted to bottom line. Land Lord will commit to new long term lease w/ qualified buyer. FF&E valued over $90,000. MAC machine on premise. Motivated seller will be leaving local food industry.
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| Year
Business was Established: 40 |
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| Number of Employees:
3FT 2PT |
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| Facilities / Terms of Lease:
1780 sq. ft. Equipment & Furnishings excellent condition. Land Lord will negotiate new long term lease with qualified buyer. |
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| Potential
Growth/Expansion:
Definitely |
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| Competition:
Very little |
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| Owner
willing to train:
as much as necessary |
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| Reason for selling:
Leaving local food industry |
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| REQUEST MORE INFO |
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