Listing Number: 60372-852936
Description
Fully Equipped Restaurant With Outdoor Seating in High-Traffic Area Fantastic opportunity to build your dream restaurant. Situated on a busy pedestrian plaza just steps from the Grove St Path, this location is a cornerstone of downtown Jersey City’s growth. The owners are retiring after 13 highly successful years. 1600 sq ft of street-level restaurant space, including 50 seats, a bar, and 36 outdoor seats. Comes with a fully equipped and meticulously maintained large kitchen. Additionally, 2000 sq ft of basement space features a large prep kitchen, walk-in fridge, refrigerators and freezers, dry storage, office space, and a staff break room. Excellent lease - seven years remaining, with the next two years significantly below market. An option is available to buy the restaurant without the liquor license for $150,000, or to buy the plenary liquor license separately for $375,000.
Listing Details
- Price: $525,000
- Down Payment: $52,500
- Sellers Discretionary Earnings: $0
- Total Sales: $0
- Location: Jersey City, Hudson County, New Jersey
- Inventory: $0
- FF&E: $218,000
- Employees: 18
- Year Established: 2012
- Reason for Selling: Retirement
- Category: Restaurants,Liquor Related Biz
Contact Agent:
- Jerry Holmes
- Phone: (973) 200-1914
- Email: jerryholmes@tworld.com