Closed Restaurant & Real Estate
Location New Jersey,United States
Asking Price Range $250K - $500K
Gross Revenues $750000
Net Profit / Cash Flow $0
Cash Flow Type EBITDA
Seller Finance Yes
Year Established 1970
Number of Employees 1 - 3
Inventory 25000 Equipment Only
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training The seller will supply any assistance required to the new purchaser.
Reason for Sale The seller has retired from this industry and into an alternative business.
Description Beautiful, recently renovated restaurant and real estate currently closed on a very busy highway in Warren County, NJ. The location was previously operating as a high end hibachi and sushi restaurant and is fully equip for immediate opening. This restaurant can be changed into any particular style with a minimum cost. The price of the business and property has been reduced to a short sale of only $350,000 which is substantially below market value. The previous owner has had many years of success at this location; however the business requires a change and new ownership. This is an excellent business opportunity at a great price and good terms. Please call for further details. The facility consists of 2,000 square feet in a free standing building on a corner lot with substantial exposure. The restaurant has modern lavatories with an upgraded attractive appearance. The facility has a full basement, lots of storage and a private office.
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