Established Restaurant in the Ironbound
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
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.