Portuguese Restaurant With Liquor & Real Estate
Location New Jersey,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $1185000
Net Profit / Cash Flow $225000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1933
Number of Employees 10 - 19
Inventory $235,000 equipment & $20,000 inventory.
Relocatable No
Number of Employees 10 - 19
Real Estate Owned
Training Seller will provide a full due diligence and transitional period. Sale is subject to the successful transfer and approval of the liquor license.
Reason for Sale Retirement after many years.
Description A Portuguese restaurant for sale offered with the Liquor License and real estate property is located in Essex County, New Jersey. This is a long standing successful business with a full liquor license and real estate. The business has a solid gross income and a net income of $225,000 + rental income for the owner. This is a wonderful opportunity if you are familiar with the industry and type of food venue. Owner financing is available with a full transitional period to the new buyer. Please call for further details.
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