Landmark Restaurant for Sale
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Owners are retiring after decades of running an iconic downtown 3200-square-foot full-service restaurant. The restaurant is located in an affluent town and has been a go-to eatery due to its location, reputation, and parking. Fully equipped, licensed, and operating.
About the Business
- Years in Operation
- 47
- Employees
- Employees will stay
- Facilities & Assets
- 3200 Square feet plus a basement, a fully equipped kitchen, private parking, seating for 140 with an additional 30 outdoor. The landlord will extend the lease beyond 2030. Landlord will assign existing lease to the new owner.
- Market Outlook / Competition
- Location is in a magnet town for shopping and dining. This restaurant has been a successful fixture in town since 1978. Owners are past retirement age.
- Opportunities for Growth
- Due to the restaurant's location and loyal clientele, new ideas and vigorous new ownership can significantly increase sales.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 3,200
- Rent
- $11,000.00 per month
- Lease Expiration
- 2/28/2030
About the Sale
- Seller Motivation
- Well passed retirement age.
- Transition Support
- To be determined
Listing Info
- ID
- 2436944
- Listing Views
- 68
Listing ID: 2436944 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
Businesses for SaleNew Jersey Businesses for SaleNew Jersey Food & Beverage Businesses for SaleNew Jersey Restaurants Businesses for Sale
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