Executive Business Brokers
Business Brokers

Home

View Our Businesses For Sale

Contact Us

25,000sq.ft Buffet, Restaurant & Banquet Facility

Middlesex County, New Jersey

Asking Price: Gross: Cash Flow:
$700,000 Undisclosed Undisclosed

Furniture and Fixtures Value:
$500,000 (included in the asking price)

Business Summary:
Japanese Buffet Restaurant & Banquet Facility Outstanding opportunity to acquire this beautiful 25,000 sq ft facility which seats 800 and is one of the largest restaurants in Central Jersey with multiple kitchens and ample parking for 350 cars. Great location with easy access to major highways including interstate 287, the Garden State Parkway and the NJ Turnpike. Perfect for any Asian cuisine such as Japanese, Thai, Vietnamese, Singaporean or Korean and can be easily converted to any other dining/catering concept. Keep it as it is or add your concept. Great lease at only $11.04 per sq ft and terms of 10 years with two five year options. This is an asset sale. They presently serve various kinds of food including a variety of seafood and of course their specialty is Sushi. They offer a variety of traditional dishes prepared with fresh, high quality ingredients. Guest can enjoy Japanese cuisine along with other Asian dishes in a pristine, traditional atmosphere. Several seating arrangements provide a dining experience perfect for any size group, from a table of two to a party of 350-400 guests. In addition to providing a first-rate dining experience, this restaurant houses a spacious banquet room that can accommodate up to an additional 400 guest. From wedding banquets and receptions to corporate meetings, and fundraising functions this banquet room is sure to please. The fixtures and equipment is in excellent shape. Originally cost over $2,000,000 to build. Motivated Seller- Must Sell- Make Offer For further information, please contact 908-851-9040 and ask to speak with Gene Reilly at Ext 293.

 
   
   
Year Business was Established: 2010
   
Potential Growth/Expansion: Seller only advertises in Asian magazine. Needs owner operator who can market this business.  
   
Owner willing to finance: 2% + prime  
   
Reason for selling: Health problems  
 

 

REQUEST MORE INFO

Full name:

E-Mail:

Telephone:

Message Text :