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CASUAL SEAFOOD RESTAURANT GROSS SALES $771,366.

RestaurantsFor Sale in NJ

Listing ID: rest802 | Broker Listing ID: BLP460278

Financial & Assets Details

$771,366
$110,000
$75,000
$5,000
Yes
1,650+/-

About the Business

2018
10
$3,700
Yes

Business Description

This restaurant is a local casual operated BYOB, Seafood, Oyster Bar, Sushi & Italian Kitchen with a substantial gross income and a consistent net yearly income. Wonderful investment with a solid return on investment and priced for a quick sale with owner financing. Their objective is to provide first class service and fresh high-quality coastal cuisine with an Italian flair to the customers they service. Their menu features an extensive raw bar selection with a variety of shellfish, fresh sushi rolls, innovative entrees, and homemade desserts. This is a profitable safe business opportunity and based on the moderate asking price, and yearly net income, this business expects to supply a consistent return on investment to the owner operator.

Growth & Expansion

Regarding growth and expansion, the restaurant can be further developed with a delivery service, catering and in house private parties. Additionally, the company has a limited non-optimized web site and if adjusted can further develop the business and yearly gross sales.

Seller Financing

Also, seller financing is available to a qualified buyer with an appropriate down payment, collateral, and credit rating.

Market Competition:

Regarding competition, to the best of our knowledge, no other new competitors are expected near to this business. Additionally, the owner has agreed to supply an appropriate non-compete agreement to the purchaser.

Location Details:

This business opportunity is in northern New Jersey, Bergen County on a convenient active county road. This business facility consists of approximately 1,650 square feet with an attractive, old-world appearance. The business is located on a commercial avenue with numerous other retail businesses.

Support & Training

Training and owner support, the owner is fully prepared to remain post-closing and will supply an appropriate transitional period to purchaser.

Reason for Selling:

The purpose of this business transaction is due to the owner alternative noncompetitive business not in the immediate area.

Listing ID: rest802

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