Turn-Key Gem in Middlesex County - Corbett Business Sales & Acquisitions
Middlesex County

Turn-Key Gem in Middlesex County

Offered At
$ 395,000.00

Details

Primary Industry
Restaurants & Food
Gross Sales
Inquire for Details
Cash Flow
125000
EBITDA
Inquire for Details
FFE
Inquire for Details
Year Established
Inquire for Details
Includes REA
0
Lease SF
Inquire for Details
Lease Rate
Inquire for Details
Lease Term
Inquire for Details
Lease Description
Inquire for Details
Real Estate Description
Inquire for Details
Reason For Selling
Inquire for Details

Description

Motivated Seller! An absolute gem of a restaurant. Nestled in an affluent community, this restaurant was a new build in 2018 at an expense of $1.4m! It has a rustic/contemporary look and feel. It presents a vibe that has been well received with its high ceilings and a handsome bar! An outside patio that seats 60 is a real eye-catcher.

A true turn key opportunity that needs nothing. Ideal for a chef owner. Enhance current concept- blend in great Italian. Build revenue by expanding hours and add lunch and a weekend brunch! Catering opportunities have been requested. The community is underserved, so the sky’s the limit.

Call for immediate showing. This gem won’t last!

PARKING: Dedicated parking available
EQUIPMENT: The equipment is in excellent condition and has been well maintained.
LEASE TERM: 5 years with additional five-year options
BASE RENT: $6,500 NNN (NNN= $3,000)
CONCEPT: Restaurant & Bar
SIZE: 3,400 square feet
SEATS: Bar: 21 seats; Dining: 86 seats; Patio: 60 seats
HOURS: Open dinner hours 6 days/week
LICENSES: Full Liquor License
SALES: $1,200,000
CASH FLOW: $125,000
ASKING PRICE: $395,000 (For the Business) – Seller Financing Available to Qualified Buyers!

Request More Information

Property Request