New Jersey - High Profits and New Price

Montclair, NJ Restaurant for sale:

New Jersey - High Profits and New Price


#1855 1. NAME/CONCEPT: Super Hot Full Service High-Profit Restaurant. 2. ADDRESS/AREA: Super high-income Montclair New Jersey location. 3. SIZE/TYPE: Seating for well over 100-guests with large outdoor patio. 4. RENTAL RATE/TERMS/OPTIONS: $12,000 all in per month. Five-year lease with five-year option to renew. 5. OPERATING HISTORY: Million dollar build out with state of the art kitchen. 6. VOLUME/NET Profit 2017 YTD Gross Sales was $1,688,632 on the books and tax returns. 2017 YTD Net Profit including personal add-backs is $393,728. 7. HOURS OF OPERATION: Lunch, brunch, and dinner seven days a week. 8. SELLING PRICE: $900,000. The loyal staff makes for a flawless transition.



Location

Country:

USA

State or Province:

NJ

City:

Montclair

Location Zip or Postal Code:

7042

Listing Information

Service Type:

Sit-Down Table Service

Title of Listing:

New Jersey - High Profits and New Price

Number of Locations:

1

Number of Seats:

51-150

Size:

, Square Feet

Patio:

Yes

Number of Employees:

11-50

Financial Details

Asking Price:

$900,000

Gross Revenue Range:

$1,000,000+

EBITDA (Earnings before Income, Taxes and Depreciation):

$383,000

EBITDA Range:

Over $300,000

SDE Range:

Over $300,000

Contact Listing Owner