Financial Information


  • Asking Price: $2,390,000

  • Gross Income: $2,100,000

  • Cash Flow: $0

Description

🔥 Turnkey Essex County Restaurant Asset Sale — $3.1M Buildout (2020) — Asking $2,399,000

Overview

Incredible opportunity to acquire a fully built, premium restaurant space in a high-traffic suburban market. This asset sale includes all fixtures, furniture, equipment, and leasehold improvements — ideal for restaurateurs, hospitality groups, or investors looking for a plug-and-play space without the time or cost of new construction.

Key Highlights

  • Asking Price: $2,399,000 (Asset Sale Only)

  • Interior Size: ~3,500 sq ft

  • Seating Capacity: ~200 indoor seats + ~80 outdoor patio seats

  • Year Built: 2020

  • Buildout Cost: ~$3.1 million

  • Parking: Private lot with ample rear parking

  • Location Advantage: Close proximity to major highway; excellent visibility and access

  • Sale Includes: All FF&E, leasehold improvements, equipment, and inventory (no business entity)

Included Assets

  • Commercial Kitchen: Full hot line, prep areas, walk-in refrigeration, dish station, hood system, grease trap, and more

  • Dining Room: High-end furniture, custom lighting, built-in banquettes, host station, bar seating

  • Bar: Fully operational bar with draft lines, refrigeration, back bar storage, glass washers, and POS terminals

  • Outdoor Dining: Furnished patio area with umbrellas, lighting, and landscaping — seats ~80 guests

  • Technology: Integrated POS systems, sound and lighting control, surveillance

  • Utilities: Modern HVAC, plumbing, and electrical systems (new as of 2020)

  • Leasehold Improvements: All walls, flooring, finishes, and structural upgrades

Lease & Terms

  • Lease: Attractive long-term lease available; subject to landlord approval and assignment

  • Type of Sale: Asset sale only – buyer will not assume business entity, branding, or liabilities

  • Transition: Seller will assist with smooth turnover, including inventory list, equipment manuals, vendor intros, and walkthrough

Why This Listing Stands Out

  • Save years and millions in buildout costs — space is move-in ready

  • Prime capacity for events, large parties, or high-volume service

  • Hard-to-find outdoor dining and ample parking

  • Ideal for rebranding or launching a new hospitality concept

  • Strong infrastructure, modern code compliance, and upscale design


Serious inquiries only. Full asset list, floor plan, and site tour available upon request.

Contact seller or broker to explore this premium hospitality asset today.

Property Information

  • Listing Number: 12588
  • State: New jersey
  • County: Essex

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