Turnkey Spanish Tapas Gem in High-Income North Jersey Market

Listing Number: 60372-196798

Description

Dine-in, Takeout, Catering & Private Parties


Long-standing Spanish tapas restaurant with a strong community presence, convenient customer parking, and four service channels—dine-in, takeout, catering, and private events. Operating since 2013, the business is situated in a 2,500 sq ft space with 50 seats and a large kitchen that supports lunch and dinner service from Tuesday to Sunday. This is a turn-key acquisition for an owner-operator, a chef-owner, or a group looking to expand their portfolio in a well-established neighborhood destination.

Highlights:

+ Proven concept and brand longevity

+ Repeat local clientele plus potential for event traffic

+ Flexible floor plan suited for private parties and catering staging

+ Large kitchen accommodations provide a catering growth opportunity

+ Systems and menu ready for handoff; training available

Listing Details

• Price: $150,000
• Down Payment: $15,000
• Sellers Discretionary Earnings: $40,000
• Total Sales: $240,000
• Location: Essex County, New Jersey


• Inventory: $0
• FF&E: $100,000
• Employees: 4
• Year Established: 2013
• Reason for Selling: Retirement
• Category: Restaurants