HS Listing ID-72340
Financial Overview
Net Profit (Net Income): $109,091.35
EBITDA: Approximately $191,483
Seller’s Discretionary Earnings (SDE): $253,358.81
Revenue: $1,075,823
Business Summary
Award-winning French fine dining restaurant in New Jersey, steps from shopping, entertainment, and direct NYC train service. This elegant establishment has built an outstanding reputation for exceptional cuisine and service, with over $1.07 million in annual revenue and a High Google rating.
The business is truly absentee-owned at 2 to 4 hours per week, with an experienced team in place and the chef committed to staying post-sale. Currently open only 6 hours per day, 5 days per week, leaving clear runway to add breakfast and lunch service, catering, and private events.
Business Highlights
• High Google Rating; highly rated on Yelp & OpenTable as well.
• Multiple NJ Monthly Awards .
• Loyal repeat clientele and exceptional online reputation.
• Absentee ownership (2 to 4 hours weekly) with experienced management in place.
• Chef committed to staying post-sale.
• Seating for approximately 72 guests, professional commercial kitchen, outdoor dining area.
•FF&E valued at approximately $150,000; leasehold improvements approximately $300,000.
• Attractive lease: approximately 1,250 sq ft, $5,096.09/month including real estate taxes, long-term with renewal options.
• BYOB with ABC local wine license.
•Substantial growth runway through expanded hours, catering, and private events.
• Professional website, active social media, strong online visibility
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
