Upscale Restaurant & Banquets for Sale – Union County New Jersey

Asking Price$6,000,000

Cash Flow

EBITDA$1,600,000

Gross Revenue$3,200,000

Inventory$1,500,000
Not included in asking price
FF&E$600,000
Included in asking price
Real Estate$5,500,000
Included in asking price
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Upscale Restaurant & Banquets for Sale – Union County New Jersey


Asking Price$6,000,000

Cash Flow

EBITDA$1,600,000

Gross Revenue$3,200,000

Inventory$1,500,000
Not included in asking price
FF&E$600,000
Included in asking price
Real Estate$5,500,000
Included in asking price

Seller Financing Available
Business Description
Opportunity for a motivated buyer looking into a profitable business

An exceptional opportunity to own a fully renovated, approximately 30,000 sq ft building in Central Jersey — just minutes from New York City.

* 200-seat fully functioning restaurant
* 4 banquet halls/wedding venue
* Ample parking (100+ spaces)
* Restaurant & Bar license
* Catering service
* Sale includes both real estate and business
About the Business
Years in Operation
17
Employees
28 (5 Full-time, 17 Part-time, 6 Contractors)
Facilities & Assets
Key features include: 200-seat full-service restaurant with modern kitchen equipment 4 banquet halls designed for weddings, corporate events, and private parties Outdoor patio and newly upgraded wedding ceremony area Ample parking with over 130 spaces for guests Full commercial kitchen with walk-in coolers, freezers, and high-capacity cooking equipment Liquor license included in the sale Office space, storage rooms, and staff areas Furniture, fixtures, POS systems, and audio-visual equipment included Bridal suites and lounge areas
Market Outlook / Competition
Fully operational. We recently completed the renovation of our outdoor patio and wedding ceremony area. This upgrade allows us to host outdoor events and offer wedding ceremony packages, adding a new revenue stream to the business.
Opportunities for Growth
The restaurant and banquet halls have shown steady revenue growth, with strong potential for further expansion. A major untapped opportunity lies in off-premise catering, which has not yet been actively marketed, presenting a valuable upside for the next owner.
Real Estate
Owned or Leased
Owned
Included in asking price
Building Sq. Ft.
36,000
About the Sale
Seller Motivation
Owner absentee
Transition Support
The current ownership is committed to ensuring a smooth and successful transition. Comprehensive training and support will be provided, including: Introduction to day-to-day restaurant and banquet operations Staff management and scheduling guidance Supplier and vendor connections Marketing and promotional insights Menu management and cost control strategies
Financing Options
owner financing
Listing Info
ID
2507575
Listing Views

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Business Listed by: Aniyan George

Listing ID: 2507575 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.


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