Established Restaurant in the Ironbound

Lease Rate$6,000
/Month
Lease Expiration DateNot Disclosed

Expenses / Sq. Ft.Not Disclosed

Year BuiltNot Disclosed

Min. Space1,700

Max. Space1,700

Save1/5

Established Restaurant in the Ironbound


Lease Rate$6,000
/Month
Lease Expiration DateNot Disclosed

Expenses / Sq. Ft.Not Disclosed

Year BuiltNot Disclosed

Min. Space1,700

Max. Space1,700

Property Description
Great opportunity to take over an established Italian restaurant in the Ironbound. Great location, at the corner of Adams St and Malvern St. The restaurant was completely remodeled in 2023. Majority of the equipment is less than 1 year old and still under warranty. All equipment is included in the sale. Equipment valued at $50k+ . All employees are willing to stay. The current owner is available to stay past closing to allow for an easy transition. Real estate is not included in the sale, only the business. Seller financing available. A breakdown of expenses and equipment is available upon request.
About the Property
Type
Building Status
Established
Facilities & Assets
Equipment Included:
2 Drink Coolers
3 Freezers
1 Refrigerator
1 Deli Refrigerator
1 table Refrigerator
1 Oven / Stove
1 Coffee Machine
1 TV
1 Camera System
1 Dishwasher
72 Chairs
12 tables
Plates, Silverware, Glassware
Current Property Expenses
Payroll: $13,433/ month Inventory: $8,667/ month PSE&G: $1,250/ month Water:$100/ month Insurance:$250/ month Verizon:$350/ month Exterminator:$150/ month Linen: $250/ month Rent: $6,000 / month
Current & Prior Use
Currently functioning as an Italian resturant serving breakfast and lunch.
About the Lease
Rent
$6,000.00 per month
Lease Is NNN
No
Listing Info
ID
2264661
Listing Views
1311
Business Location

Contact Seller

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Property Listed by: Patrick Dwyer

Listing ID: 2264661 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.