Tremendous upside - Highly Profitable - Cafe & Grill for Sale

Harrison, NJ Restaurant for sale: Now offering a fully staffed grille and cafe in the heart of Harrison, NJ with a tremendous upside position!

Tremendous upside - Highly Profitable - Cafe & Grill for Sale


Sub Station Grille & Cafe is a contemporary American cafe known for chic bistro cuisine. The menu features updated bistro classics with a modern twist and market-driven American cuisine, alongside traditional American-Mexican specialties and seasonal dishes showcasing Harrison, New Jersey’s finest produce. Located a few blocks west of the West Hudson Park, Sub Station is the perfect spot for pre- and post- dining, a local town business lunch or breakfast “à L’Express”. They offer sandwiches, burgers, fish tacos, empanadas, and other specials on their menu in addition to a full à la carte menu. Their food menu will have you back to your desk or off to your next destination quickly and affordably. Cuisine: American Seating: 20 inside / 10 outside Violations: 0 Lease terms: 5 year + 5 year option Includes: Basement + additional storage (fees apply)



Location

Country:

USA

State or Province:

NJ

City:

Harrison

Location Zip or Postal Code:

7029

Listing Information

Service Type:

Sit-Down Table Service, Counter Service/Fast Casual, Catering

Title of Listing:

Tremendous upside - Highly Profitable - Cafe & Grill for Sale

Year Established:

2015

Number of Locations:

1

Number of Seats:

Less than 50

Size:

900, Square Feet

Patio:

Yes

Number of Employees:

Less than 10

Hours of Operation:

Monday - Saturday 4:30am - 6:00pm

Growth or Expansion Opportunities:

Tremendous growth opportunity-- Technology growth, Increase food delivery services, Decrease overhead

Reason for Selling:

Retirement

Owner Operated or Absentee Owner or Flexible:

Owner Operated

Training Provided:

Yes

Financial Details

Asking Price:

$150,000

Gross Revenue:

$266,000

Gross Revenue Range:

Under $500,000

EBITDA (Earnings before Income, Taxes and Depreciation):

$74,000

EBITDA Range:

Under $100,000

SDE Range:

$100,000

FF&E Value (Furniture Fixtures and Equipment):

$10,000

Inventory Estimated Value:

$3,500

Asset or Share Sale:

Asset

Real Estate Owned or Leased:

Leased

Lease Term Remaining:

Renewal options available -- Long leases

Contact Listing Owner