Please ensure Javascript is enabled for purposes of website accessibility Semi-Absentee owner! 23 y/o Monmouth Cty Restaurant! 13 yr lease! | Transworld Business Advisors Tri County UA-244039567-1

Semi-Absentee owner! 23 y/o Monmouth Cty Restaurant! 13 yr lease!

Listing Number: 189597-991543

Description

For more than two decades this restaurant has built a devoted following with loyal guests for delicious dining as well as for private events. Situated in a shopping center along a heavily traveled main road, the local area is well populated and growing! The chef, sous chefs and staff are long term employees and well trained to run the restaurant on their own. The fully functional kitchen is spacious, well maintained, well organized and immaculate. Includes audio visual equipment that makes the private event space ideal for business meetings, family gatherings and celebrations. The restaurant continues to receive high accolades from distinguished publications and is rated #1 in this growing community. Surviving through and continuing to grow toward pre-pandemic numbers and beyond. 13+ years remaining on the lease. You rarely see a long-term established restaurant like this come up, so don't miss out on this amazing opportunity.

Listing Details

  • Price: $ 399,000
  • Down Payment: $274,000
  • Sellers Discretionary Earnings: $ 200,000
  • Total Sales: $ 1,000,000
  • Location: Monmouth County, New Jersey

  • Inventory: $ 10,000
  • FF&E: $ 200,000
  • Employees: 18
  • Year Established: 2000
  • Reason for Selling: Retirement
  • Category: Restaurants
Semi-Absentee owner! 23 y/o Monmouth Cty Restaurant! 13 yr lease!

Business Listed By:

Fern Slom
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