706 Bloomfield Ave

    Montclair Twp., NJ 07042
    • $250,000
    • STATUS: Active
    • ON SITE: 38 days
    • MLS #: 3506993
    Price Reduced
    UPDATED: 206 min ago
    $250,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,116
      SQFT
    • $224
      $/SQFT
    Type:
    Business Opportunity
    County:

    School Ratings & Info

    Description

    Profitable full-service 60 seat restaurant in bustling downtown Montclair with great foot traffic and under market lease! Sale includes all fixtures and equipment, recipes, etc. Do not go direct. Business has experienced steady growth and restaurant is consistently fully booked! Net Operating Income over $270k/yr!! Sale includes all fixtures and equipment, recipes, name, and good will. Discretion required. Do not go direct without appointment. Do not speak to employees or customers. 7 years remaining on lease, new hotel opening one block fr business. Seller has not had a chance to focus on Catering and does not offer delivery. New owner is welcome to explore these outlets for additional growth.1116 square feet on street level PLUS full basement w/dry storage, freezers, and office.

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    © 2018 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Sue Adler Team - Keller Williams. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than The Sue Adler Team - Keller Williams are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2018-11-13T10:46:31.353.
    www.latestnjlistings.com/homes/88264452

    706 Bloomfield Ave Montclair Twp., NJ 07042

    • Price: $250,000
    • Status: Active
    • Updated: 206 min ago
    • MLS #: 3506993
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1,116
    SQFT
    $224
    $/SQFT
    County:
    Essex
    Area:
    Montclair Twp.
    Property Description
    Profitable full-service 60 seat restaurant in bustling downtown Montclair with great foot traffic and under market lease! Sale includes all fixtures and equipment, recipes, etc. Do not go direct. Business has experienced steady growth and restaurant is consistently fully booked! Net Operating Income over $270k/yr!! Sale includes all fixtures and equipment, recipes, name, and good will. Discretion required. Do not go direct without appointment. Do not speak to employees or customers. 7 years remaining on lease, new hotel opening one block fr business. Seller has not had a chance to focus on Catering and does not offer delivery. New owner is welcome to explore these outlets for additional growth.1116 square feet on street level PLUS full basement w/dry storage, freezers, and office.
    Exterior Features

    Garage Description On-Street Parking Location Business DistrictCommercial Area Parking Driveway Description On-Street Parking Road Type Main ThorofareCounty Street

    Interior Features

    Available Sq Ft 1116 Basement Yes Basement Description Bilco-Style DoorFinished-PartiallyWalkout Cooling 3 UnitsDuctless Split Ac Fuel Type Gas-Natural Number Of Lavatories 2

    Property Features

    Acceptable Financing BuyerCash Business Classification Professional ServiceRetailSee Remarks Business Established 3 Business Name Private Documents Available Financial StatementsSee RemarksLeases Existing Lease Seller Does Not Own Building5 Or More Years Gross Operating Income 506930 Heating 3 UnitsHeat PumpBaseboard - Hotwater Income Expense Source AccountantOwnerSee Remarks Lease Amount Month 3246 Net Operating Income 270538 Ownership Type Corporation Price Includes Business NameBusiness Phone NumbersInventoryMachineryLeaseSignsTrade Fixtures/Equipment Primary Business Classification Retail Real Estate For Sale No Re Available Services Garbage Extra Charge Sewer Public SewerSewer Charge Extra Total Operating Expense 236392 Utilities Gas In StreetElectricGas-Natural Utility Amount 1100 Water Water Charge ExtraPublic Water

    Listing information © 2018 Garden State Multiple Listing Service,LLC.
    Listing provided courtesy of .


    © 2018 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Sue Adler Team - Keller Williams. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than The Sue Adler Team - Keller Williams are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2018-11-13T10:46:31.353.
     
    The Sue Adler Team - Keller Williams
    518 Millburn Avenue, 2nd Floor
    Short Hills NJ, 07078