Description Modern Restaurant with a valuable consumption liquor license is available to purchase. This well established Restaurant is located in a wonderful area of Hudson County, New Jersey. The sale includes a modern fully equipped 1,900 square foot restaurant with a full basement with a consistent and solid income to the owner operator.
The business has a large bar, a private restaurant seating area and a modern commercial kitchen. The facility also has a second floor residential rental unit. The sale includes a fully equipped restaurant, with a modern kitchen, POS system and a large variety of equipment required for this particular industry. The restaurant has a legal capacity for 88 customers, 1,900 square feet, on one main floor with a full basement.
This retail business presently has six employees and the staff is unaware of the pending sale and fully expected to remain post closing, monthly payroll $5,200. The facility has some private parking on the site and public parking in the general area. The business is operational five days weekly, Tuesday to Sunday with daily hours from 4:30 pm to 9:30 pm. The business has a New Jersey State issued consumption liquor license.
The owner is retiring out of the immediate area. Based on the asking price, required down payment and net income this business should supply a 25% return to the owner operator prior to debt service. This is an excellent safe business opportunity.