Newly Established Restaurant Investment Opportunity in Jersey City, United States
Opening 4 restaurants, each offering different cuisines and indoor entertainment.
This transaction has concluded.
Premium Plan
| Established | 0-1 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Limited Liability Company (LLC) |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | 18 % |
| Industries | Restaurants |
| Locations | Jersey City |
| Local Time | 5:54 PM America / New York |
| Listed By | Business Owner / Director |
| Status | Active |
Partial Stake Sale
USD
250 thousand
for
25.0%
stake
(Native Currency: USD 250,000)
Reason: For expansion of the restaurant business in a new location.
Includes physical assets worth
USD
1 million
Interested to connect with advisors
Documents
Business Overview
Have proven concept doing $12.7M annually. Focusing on restaurants and entertainment for all ages, with a particular emphasis on adults and corporate clients.
- The business plans to expand to the Northeast and then move south, with a projected annual revenue of USD 35 to 40 million.
- The plan includes opening 4 restaurants, all registered under the same entity, with different cuisines designated for each floor: steakhouse, Italian, Greek, and pub respectively.
- The restaurants will also include simulators and various other indoor entertainment options, such as bowling, to cater to a wide range of guests.
- The first restaurant is scheduled to open in 3-6 months, while the other three restaurants are planned to open in the first quarter of the following year.
- The previous location of the business had an annual revenue of $12.7 million, indicating a track record of generating significant income.
- The business plans to expand to the Northeast and then move south, with a projected annual revenue of USD 35 to 40 million.
- The plan includes opening 4 restaurants, all registered under the same entity, with different cuisines designated for each floor: steakhouse, Italian, Greek, and pub respectively.
- The restaurants will also include simulators and various other indoor entertainment options, such as bowling, to cater to a wide range of guests.
- The first restaurant is scheduled to open in 3-6 months, while the other three restaurants are planned to open in the first quarter of the following year.
- The previous location of the business had an annual revenue of $12.7 million, indicating a track record of generating significant income.
Products & Services Overview
Food, beverage and various other indoor entertainment.Target client base is adults and corporates.
The plan includes opening 4 restaurants, all registered under the same entity, with different cuisines designated for each floor: steakhouse, Italian, Greek, and pub respectively.
Assets Overview
Furniture, fixtures, kitchen equipment, simulators.A lot of equipment is already in place.
Facilities Overview
Leased facility of 1 floor, 1 floor built out, other floors.Are partially built out. Built-up area is 46,700 sq ft.
Location is Jersey City, NJ.
Capitalization Overview
Starting funds were raised through some friends and family.$500k debt in the previous location.
Investment in the new location ranges from $200k to $3M.
Recent Activity
-
Earlier than 15 daysCEO, Miami, Financial Consultant connected with the Business
-
Earlier than 15 daysPartner, Charlotte, M&A Advisor connected with the Business
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