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870 Broadway

Newark City, NJ 07104
  • $545,000
  • STATUS: Active
  • ON SITE: 26 Days
  • MLS #: 3934275
Price Reduced
UPDATED: 37 min ago
$545,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 6,408
    SQFT
  • $85
    $/SQFT
Type:
Business Opportunity
County:
Area:

School Ratings & Info

Description

The Latin Flavor Restaurant & Lounge - "Turnkey Restaurant Opportunity in Prime Location " Don't Miss Out!" Are you looking to own a thriving business in a high-traffic area? This restaurant/lounge offers a proven concept with strong community support, consistent revenue, and excellent growth potential. Whether you're a seasoned restaurateur or a budding entrepreneur, this is a chance to step into a fully equipped, operational restaurant without the hassle of starting from scratch. Situated in a bustling area with high foot traffic and visibility, save thousands on startup costs with a ready-to-go setup. Expand hours, introduce catering, or refine the menu to boost profits. Lower level with plenty of storage space and finished space. Seller is willing to assist during the transition for a smooth handover. Liquor license C Class - "Plenary Retail Consumption License Title 33" - alcoholic beverages can be sold On and Off premises, the license also allows the sale of packaged merchandise, novelty clothing, cigars, cigarettes, snacks, and nonalcoholic beverage. Equipments, inventory and goodwill included in the sale.

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Garden State MLS logo © 2024 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 2024-12-10T22:46:17.147.
www.latestnjlistings.com/homes/157826851
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870 Broadway Newark City, NJ 07104

  • Price: $545,000
  • Status: Active
  • On Site: 26 Days
  • Updated: 37 min ago
  • MLS #: 3934275
0
Beds
0
Baths
0
½ Baths
N/A
Acres
6,408
SQFT
$85
$/SQFT
County:
Essex
Area:
Newark City
Property Description
The Latin Flavor Restaurant & Lounge - "Turnkey Restaurant Opportunity in Prime Location " Don't Miss Out!" Are you looking to own a thriving business in a high-traffic area? This restaurant/lounge offers a proven concept with strong community support, consistent revenue, and excellent growth potential. Whether you're a seasoned restaurateur or a budding entrepreneur, this is a chance to step into a fully equipped, operational restaurant without the hassle of starting from scratch. Situated in a bustling area with high foot traffic and visibility, save thousands on startup costs with a ready-to-go setup. Expand hours, introduce catering, or refine the menu to boost profits. Lower level with plenty of storage space and finished space. Seller is willing to assist during the transition for a smooth handover. Liquor license C Class - "Plenary Retail Consumption License Title 33" - alcoholic beverages can be sold On and Off premises, the license also allows the sale of packaged merchandise, novelty clothing, cigars, cigarettes, snacks, and nonalcoholic beverage. Equipments, inventory and goodwill included in the sale.
Exterior Features

Garage Description NoneOn-Street Parking Parking Driveway Description NoneOn-Street Parking Road Type City/Town StreetCorner

Interior Features

Available Sq Ft 3300 Basement Yes Basement Description FinishedFull Cooling 3 Units Fuel Type Gas-Natural Number Of Lavatories 5

Property Features

Business Classification Retail Business Name The Latin Flavor Res Documents Available Inventory ReportLeasesSee Remarks Existing Lease Lease TransferableRenewal Option Gross Operating Income 0 Heating 3 UnitsForced Hot Air Income Expense Source Owner Lease Amount Month 6000 Net Operating Income 0 Ownership Type See Remarks Price Includes Business NameBusiness Phone NumbersFurnishingsGoodwillInventoryLicenses/Permits-TransferMachinerySigns Primary Business Classification Retail Real Estate For Sale No RE Available Sewer Public Sewer Total Operating Expense 0 Utilities Gas In Street Utility Amount 24438 Water Public Water

Listing information © 2024 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of : 973-405-7766.


Garden State MLS logo © 2024 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 2024-12-10T22:46:17.147.
 
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The Sue Adler Team - Keller Williams
518 Millburn Avenue, 2nd Floor
Short Hills NJ, 07078