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Restaurant/Bar/Catering Established For Sale

Passaic County, New Jersey

Asking Price: Gross: Cash Flow:
$300,000 $1,200,000 $200,000

Furniture and Fixtures Value:
$250,000 (included in the asking price)

Inventory Value:
$25,000 (included in the asking price)

Business Summary:
Approximately $300,000 to upgrade building with all new equipment to set to code. Complete with security systems, POS systems + all new furniture and kitchen equipment. Main Dining features water fountain and space presents different sections for various events. Upstairs office all completely renovated. "C" Class Liquor License. For further information please contact Bill Pryzchodniez at 908-851-9040 Ext. 279.

 
   
   
Year Business was Established: 2010
   
Number of Employees: 4FT/10PT  
   
Facilities / Terms of Lease: Building completely renovated – all new equipment set to code, complete security systems, POS systems, all new furniture + kitchen equipment. Upstairs office and basement completely renovated. Class “C” Liquor License. Lease currently 1 year – option 5 year renew  
   
Potential Growth/Expansion: Free standing building – no  
   
Owner willing to finance: None  
   
Owner willing to train: As requested  
   
Reason for selling: Sickness/Relocation  
 

 

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