Listing Number: 60372-569096
Description
Don’t miss this unique opportunity to own an artisanal boutique restaurant serving outstanding French and Mediterranean cuisine in an elegant yet relaxed dining area. Located in a vibrant and growing commuter community in Essex County, New Jersey, this highly respected fine dining BYOB has received accolades for its exceptional quality, careful craftsmanship, and refined dining experience. It has received outstanding critical and Google reviews, with 4.8 stars. This opportunity is perfect for seasoned restaurateurs or ambitious entrepreneurs seeking to continue a legacy of excellence.
KEY FEATURES
> Location: Situated in the heart of one of Essex County’s most desirable village communities, within short walking distance of cultural destinations and NYC commuter trains.
> Established Business: Operating for over 6 years with a loyal customer base and excellent online reviews. Known for its high-quality food using the freshest locally sourced ingredients and exceptional service.
> Fully Equipped: The restaurant features a state-of-the-art kitchen with top-of-the-line equipment, premium appliances, high-quality tools, and a refined dining area with seating for approximately 65 guests.
> Growth Potential: Significant potential for growth, including expanding hours to lunch, increasing private dining additional days per week, and enhancing marketing strategies,
> Staff & Management: A highly skilled and experienced team featuring a renowned CIA graduate chef dedicated to remaining with a new owner.
> Inventory: Includes premium-quality ingredients and supplies and FFE to ensure seamless operation from day one.
> Online Presence: A well-established online presence with an active website and social media accounts, top-rated at Google, bolstered by positive reviews, strong branding, and high visibility.
> Lease Terms: The attractive lease terms include a long-term agreement and renewal options. The premises are approximately 1250 square feet, including outdoor space for outdoor dining. The rent is $4900/month, including real estate taxes.
Listing Details
- Price: € 375,000
- Down Payment: €37,500
- Sellers Discretionary Earnings: € 84,304
- Total Sales: € 962,837
- Location: Essex County, New Jersey
- Inventory: € 10,000
- FF&E: € 150,000
- Employees: 12
- Year Established: 2020
- Reason for Selling: New Business Direction
- Category: Restaurants
