Please ensure Javascript is enabled for purposes of website accessibility Turnkey Spanish Tapas Gem in High-Income North Jersey Market | Transworld Business Advisors Essex & Hudson Counties

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
Turnkey Spanish Tapas Gem in High-Income North Jersey Market

Business Listed By:

Fred Petito, CM&AA, CEPA
Want to save this listing? Sign Up Now