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Newly Established Restaurant Investment Opportunity in Jersey City, USA

Restaurant and lounge offering entertainment, stunning Manhattan views, and diverse cuisine, seeking investment for completion.
This Business is on a Premium Plan
Established 0-1 year(s)
Employees < 2
Legal Entity Limited Liability Company (LLC)
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Restaurants
Locations  Jersey City
Local Time 7:25 PM America / New York
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 5 million for 30.0% stake (Native Currency: USD 5,000,000)
Reason: Complete buildout of the restaurant and lounge, including furniture, fixtures, and equipment (FF&E).... View More
Includes physical assets worth USD 1 million
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Business Overview
- Opening a high end restaurant and lounge located in Jersey City, offering breathtaking views of Manhattan, in a buzzing business and upscale residential district.
- Located within walking distance to PATH and ferry services, making it convenient for New York City and local clientele.
- Planning to offer a distinctive menu of American steakhouse and Mexican cuisine, catering to varied consumer tastes.
- Projected to achieve annual sales of $15 million with a robust 20% profit margin, showcasing promising financial prospects.
- Seating capacity will be for 450 guests, perfectly suited for high-volume events and peak dining hours.
- Will operate through both offline and online channels with dine-in and food delivery services, amplifying market reach.
Products & Services Overview
Offer a diverse menu featuring American steakhouse and Mexican cuisine, catering to both local residents and professionals from the nearby business district, as well as New York City visitors seeking upscale dining experiences. The venue is ideal for high-volume events, special occasions, and regular dining. Will operate through both dine-in services and online food delivery platforms.
Assets Overview
Physical assets include the furniture and fixtures which is about 60% and the rest is kitchen equipment procured till date.
Facilities Overview
Operating from a rented facility located on the ground floor in a 2,500 sq ft building on the water overlooking Manhattan.
Capitalization Overview
Currently funded by the promoter and 2 other investors.
No outstanding loans.
Recent Activity
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3 Investors already contacted this Business. Register below to connect now!
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.
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