Successful Restaurant & Catering Business for Sale – Jersey City
Successful Restaurant & Catering Business for Sale – Jersey City
Profitable restaurant with strong catering contracts and steady daily revenue
Key Business Facts
Location:
Jersey City, New Jersey
Category / Subcategory:
Restaurants and Food » Other Restaurants and Food
Business Overview
Operating since 2016 with commercial kitchen and event catering services.
Photo Gallery
Growth & Expansion Potential
Expand corporate catering services
Operations & Support
Facility Details:
Commercial kitchen with dining & banquet space
Competitive Landscape:
High competition
Support & Training Provided:
3 months included
Seller & Financing Information
Reason for Selling:
Business relocation
Financing Details:
Partial owner financing
City Demographics & Business Outlook in Jersey City
The Jersey City market continues to be a growing destination for entrepreneurs, investors, and franchise operators seeking new opportunities.
Population: 183,146
GDP: $23.00 Billion
Median Age: 42.2
Population Growth Rate: 1.40%
Major Industries: Tourism, Marine, Aviation, Finance, Technology
Entrepreneurship Rate: 6.80%
Number of SMEs: 42,000
Number of Franchises: 1,200
Key Financials
- Cash Flow: USD$36,000
- Gross Revenue: USD$200,000
- EBITDA: USD$32,000
- Inventory: USD$50,000
- Monthly Rent: USD$12,000
Business Facts
- Category: Restaurants and Food » Other Restaurants and Food
- Established: 2016
- Employees: 14
- Is Franchise: No
- Home Based: No
Property & Assets
- Real Estate: 180,000
- Building SQFT: 4,500
- Lease Expires: Jun 2034
- FF&E Included: Yes
- Fee & Equipment: 180,000
