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Portuguese Style BBQ Restaurant In Hudson County For Sale

Hudson County, New Jersey
  • $299,000
  • (Furniture / Fixtures included)

Sales revenue:
$499,732
Cash flow:
$95,179
Contact Seller
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Location, location, location right in the heart of the town. Portuguese style BBQ restaurant that features restaurant menu. In order to come do business in this swinging town location has grandfather rights to the use of the existing sign and the non-compliance w/ current building code issues and permits and licenses in place. Time is of the essence everything is ready to go with the cost saving in legal fees and the time it takes to get zoning variances, and get owner/operator to be hands on –either keep theme or change style and menu to fit the clientele that you are looking to attract. Very high-middle income to affluent area. Lots of yuppie. Come be part of this annual street fair bring your food out to the street where everything is taking place. Shows well. Seating 50 indoor and 14 outdoor. Approximately 1,200 sq. ft. and full basement. F.F.E. is valued at 150K. Other expenses: Fire protection $311 + delivery fees $6,170 + hood cleaning $2,400 per year. For further information please contact Jim Hamdan by clicking on the contact seller button below.



Premises details:
1,200 sq. ft. 3 years young. Good condition, rent $6.300 per month, Lease 2 years + 5 year option
Size in square feet:
1,200 sq. ft.

Competition / Market:
Several
Reasons for selling:
Relocating
Trading hours:
Tues-Sun 11am-10pm
Employees:
5
Years established:
3 years
Support & training:
Two weeks
Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:
Half down, balance payable in 5 years at Prime + 1%
Furniture / Fixtures value:
$150,000 (included in the asking price)


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