Award-Winning French Fine Dining Restaurant
HS Listing ID-72340 Financial Overview Net Profit (Net Income): $109,091.35 EBITDA: Approximately $191,483 Seller’s Discretionary Earnings (SDE): $253,358.81 Revenue: $1,075,823 Business Summary Award-winning French fine dining restaurant in New Jersey, steps from shopping, entertainment, and direct NYC train service. This elegant establishment has built an outstanding reputation for exceptional cuisine and service, with over $1.07 million in annual revenue and a High Google rating. The business is truly absentee-owned at 2 to 4 hours per week, with an experienced team in place and the chef committed to staying post-sale. Currently open only 6 hours per day, 5 days per week, leaving clear runway to add breakfast and lunch service, catering, and private events. Business Highlights • High Google Rating; highly rated on Yelp & OpenTable as well. • Multiple NJ Monthly Awards . • Loyal repeat clientele and exceptional online reputation. • Absentee ownership (2 to 4 hours weekly) with experienced management in place. • Chef committed to staying post-sale. • Seating for approximately 72 guests, professional commercial kitchen, outdoor dining area. •FF&E valued at approximately $150,000; leasehold improvements approximately $300,000. • Attractive 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. •Substantial growth runway through expanded hours, catering, and private events. • Professional website, active social media, strong online visibility A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
Real Estate
Lease
Leasehold Rent
$61,153 per annum
Support & Training
Yes.
Size In Square Feet
1,250
Reason for Selling
Other business interests.
Financials
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