Lucrative Renovated Restaurant For Sale in NJ

Essex County, NJ
Asking Price: $400,000
Business For Sale Details
Listed on May 27, 2025(Renewed on Jul 22, 2025)

LISTING ID # 36941

Uniquely Authentic Cuisine Restaurant & Event Venue – Fully Renovated, Prime Location, Profitable from Day One. Step into a thriving, beautifully renovated restaurant and event venue offering uniquely authentic cuisine. Located in a densely populated urban neighborhood, this 4,000 sq ft establishment was rebuilt from the ground up less than two years ago and features over $300,000 in high-end equipment and fixtures. It includes a full professional kitchen with top-tier appliances, a DJ booth with a stereo sound system, a 36-camera security setup, 16 televisions, a pool table, and a private event space that accommodates up to 120 guests. The property also offers a bar, a spacious seating area, an outdoor patio, and onsite parking. This business is more than just a restaurant—it’s a revenue-generating destination. The private event space is already a proven asset, with just the first three monthly bookings covering all rent and utilities. The restaurant benefits from a loyal customer base, strong community support, and a growing digital presence with thousands of social media followers. Operations are currently supported by experienced part-time cooks, and the business demonstrates strong financials with excellent tax documentation. Additional upstairs and downstairs areas provide valuable space for offices or storage, creating room for future growth. The business is turnkey, profitable, and located in a prime spot on a busy avenue with heavy foot traffic. It features all-new infrastructure and equipment, offers high-margin cuisine with a low cost of goods, and continues to build a strong and loyal customer base. While it has only been operating for two years, its performance and community reception have already laid a solid foundation for long-term success. There are several clear opportunities to further grow the business. Expanding event marketing efforts could increase bookings and revenue, particularly since the current events already cover rent. Adding catering services or expanding the delivery footprint could boost income streams. Introducing new menu items or themed weekly events could draw in even more customers, while the attic and basement spaces could be converted into additional prep areas, offices, or even retail space. No immediate threats have been identified. This is a rare opportunity to walk into a fully operational and fast-growing hospitality business with minimal overhead and major upside potential. Whether you're a chef-owner, an investor, or an entrepreneur seeking a plug-and-play operation, this business is ready to generate income from day one.

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Financials (USD)

Asking Price $400,000

Cash Flow $67,000

Sales $580,000

Deal Terms

Represented by broker? Yes

Buyer Fee? Available On Request

Seller Financing? Available On Request

Willing to co-broke? No

Principals only? Yes

Franchise? Available On Request

Management will stay? Available On Request

Relocatable? Available On Request

Real Estate? Available On Request

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