↩ Go Back
Need help?

Bar Investment Opportunity in Cliffside Park, United States

Bar and restaurant located in New Jersey with 165 seats, receiving 50+ walk-ins per day.
This transaction has concluded.

Established 5-10 year(s)
Employees 5 - 10
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 1.8 million
Run Rate Sales USD 1.8 million
EBITDA Margin 25 %
Industries Restaurants + 1 more
Locations  Cliffside Park
Local Time 4:49 PM America / New York
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Partial Stake Sale
USD 750 thousand for 50.0% stake (Native Currency: USD 750,000)
Reason: Want to hire operation manager and for other operational expenses.
Includes physical assets worth USD 700 thousand
Business Overview

- Italian & American cuisine restaurant serving veg and non-veg dishes along with alcohol and operating since 2016.

- Restaurant has a seating capacity of 165 pax.

- Our restaurant is spread over 5,500 Sq Ft with a brand new kitchen which is fully renovated by designers.

- Our private parking space has a capacity to park 50 cars at a time.

- We also have a private party room which can accommodate 50 guests.

- On an average, we receive more than 50 customers on a daily basis.

- We have license to serve alcohol and the facility is equipped with a full fledged bar.

- Physical assets include interiors, furniture, kitchen equipment, AC, TV, CCTV camera.

Products & Services Overview

Italian & American cuisine, Take out, Dine in, Weekend brunch, Private parties, Weddings, Corporate events, Birthdays, Baby shower events.

Facilities Overview

Leased 5,500 Sq Ft built up area. Rent is USD 8,000 per month.

Capitalization Overview
Not Disclosed
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
This transaction has concluded. View similar business opportunities on SMERGERS
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.

Frequently
Asked
Questions

  • Why can’t I see the business’ name or contact number? How do I contact the business?
  • What level of due diligence does SMERGERS conduct on the businesses/member?
  • How active are the business profiles listed on SMERGERS?
  • How does SMERGERS rate business profiles?
  • Do I need to pay to connect with a business?
  • Show more