Award-Winning French & Fine Dining Restaurant - Business for Sale
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French Fine Dining Restaurant in Essex County, NJ
NJ, US
Added 11 days ago
French Fine Dining Restaurant
Absentee / Semi-Absentee
French fine dining restaurant located in Essex County, NJ, operating with absentee ownership and an experienced team, offering seating for approximately 72 guests and a BYOB policy with a local wine license.
Key Information
Asking
$320K
Revenue
$1.1M
Earnings
$253K
Multiple
1.3x
Key Highlights
- Absentee ownership: owner works 2 to 4 hours per week
- Seating capacity: approximately 72 guests
- FF&E valued at approximately $150,000; leasehold improvements approximately $300,000
- Lease: approximately 1,250 sq ft, $5,096.09/month including real estate taxes, long-term with renewal options
- BYOB with ABC local wine license
- Chef committed to staying post-sale
- Located in Essex County, NJ
Contact Info
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