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ON-MARKET
BARS, PUBS AND TAVERNS

$147K NOI Restaurant for Sale in NJ – Turnkey | Priced to Sell

Elizabeth, NJ

$189K
Asking Price
$538K
Revenue
Cash Flow

Overview

ESTABLISHED CASH-FLOWING RESTAURANT - ELIZABETH, NJ Turnkey restaurant operation generating $537,668 in annual revenue with exceptional $147,602 net operating income (27.4% operating margin). This fully operational establishment offers multiple revenue streams through dine-in service, takeout, and delivery partnerships with DoorDash and Uber Eats.
FINANCIAL HIGHLIGHTS: BUSINESS FEATURES: LOCATION & LEASE: FINANCING: This represents an exceptional opportunity to acquire a profitable, established restaurant with proven operations and multiple growth avenues. The combination of strong margins, diverse revenue streams, and absentee management structure makes this an attractive investment for both experienced restaurateurs and investors seeking cash-flowing assets. Perfect for buyers looking to enter the restaurant industry with a proven concept or expand their existing portfolio with a high-performing location.
Furniture, Fixtures & Equipment (FF&E) included in the sale with an estimated total value of approximately $80,000. Assets include commercial kitchen equipment, refrigeration systems (including walk-in cooler), dining furniture, POS system, security system, electronics, and smallwares necessary for daily operations. The business is fully built out and equipped, allowing for a seamless transition and immediate continued operation.
  • Annual Revenue: $537,668
  • Net Operating Income: $147,602
  • Operating Margin: 27.4% (well above industry average)
  • Strong cash flow with proven financial performance
  • Demonstrated stability and growth potential
  • Fully equipped and operational kitchen
  • Multiple service channels: dine-in, takeout, delivery
  • Established customer base with delivery platform integration
  • Absentee owner operated - ideal for owner-operator or investor
  • Turnkey operation ready for immediate transition
  • Prime Elizabeth, NJ location in Union County
  • 1,250 square feet of restaurant space
  • Favorable lease at $4,200/month
  • Long-term security with lease through August 2030
  • Established neighborhood presence
  • Asking Price: $189,000
  • Seller financing available
  • Professional financing assistance available
  • Strong ROI potential with current cash flow

Key Details

StateNJ
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