Beautiful restaurant lounge located in North Western New Jersey, Hunterdon County and minutes from various highways. This ultra-modern business opportunity consists of a two-acre site and a 3,500 square foot facility. This highly popular restaurant which specializes in foods from Spain and Portugal has a wonderful reputation for its superior service and high quality cuisine. The owner is retiring and elected to sell the business, liquor license and real estate. This beautifully designed restaurant consists of multiple sections with different atmospheres for customer enjoyment. One dining area is highlighted by a beautiful stone fireplace with beautiful lighting and the other dining room has a more intimate arrangement and both dining areas provide a showcase for the best cuisine and superb service. The restaurant has available quality wines to compliment the large menu choices. This wonderful restaurant is located within the rolling hills of North Central New Jersey and merges the modern, informal dining experience with a classical ambiance and old world charm. The flavors of Spain and Portugal come alive in their cuisine, featuring the very best seafood and beef dishes in the area. Their bar, well stocked with a wide selection of premium liquors, boasts a select and well-balanced wine cellar of international and domestic wines to compliment your meal. They also share in the passion to bring you the very best dining experience from the heart of New Jersey, and invite you to spend an evening with them. Their dining areas comprise two contrasting, yet unique styles, the eastern dining room – highlighted by a commanding stone fireplace – is bathed in bright hues for an open and expansive surrounding. Their western dining room in a textured rose, emphasizes a Romanesque flavor with more intimate arrangements around the focal point of the room – a large white gazebo. Both dining areas provide a fitting showcase for the very best in Spanish and Portuguese cuisine along with superb service. This is a dependable business opportunity and based on the asking price, required down payment and yearly net income, this business expect to supply a profitable investment return to the owner operator prior to debt service. Due to the liquor license this industry requires government agency approval to purchase. This retail facility consists of 3,500 square feet with a beautiful attractive physical appearance. The modern facility consists of a free standing building on two acres and located on a convenient county road close to the interstate highway. This business opportunity is located in central western New Jersey, Hunterdon County, which consists of various affluent communities with continued demand for this food service. This particular business has nine employees who are unaware of the pending sale and fully expected to remain post-closing, monthly payroll is approximately $13,000. The business is located in a free stranding facility which consists of 3,500 square feet and has a capacity for approximately one hundred and fifty customers.
Asking Price $1,250,000
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