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Mercer County, New Jersey
Restaurant Ranked Top 10 in New Jersey! Net 925k/yr! RE Included!
Asking Price
$3,200,000
Revenue
Call/Email
Down
$340,000
Cash Flow
Call/Email
Name: Elliot Dweck
Name
Elliot Dweck
Description
This 35 Year Old Spanish Portuguese restaurant is a landmark in NJ and was ranked one of New Jersey's Best Restaurants in 2025. The owners started it in 1990 and continue to run it in the same location today. The decor is very charming and is designed to feel like their home country of Spain. They have a well-trained long-term staff in place and a full bar with a liquor license, which is included in the sale. The two properties which are included in the sale consist of the restaurant building which seats 140 with an apartment upstairs that can be rented out, the adjacent parking lot and a separate over flow parking lot down the street which is used for private events and on busy weekends. Revenue is consistently above $2.7 million annually with cash flow of 925k/year. They currently do not offer any delivery services which can easily add an additional 500k/year in revenue to the new owners. The owners are retiring and moving back to Spain which is the reason for the sale. This is a rare opportunity to take over a highly profitable, well-run restaurant including the real estate. The seller's are requiring proof of funds and a resume showing at least 5 years of restaurant ownership before disclosing any information on the business.
https://tworld.com/locations/New-Jersey/tricounty/listings/Restaurant-Ranked-Top-10-in-New-Jersey-Net-925k-yr-RE-Included-
https://tworld.com/locations/New-Jersey/tricounty/listings/Restaurant-Ranked-Top-10-in-New-Jersey-Net-925k-yr-RE-Included-
To get more information about this Restaurant Ranked Top 10 in New Jersey! Net 925k/yr! RE Included! business for sale in Mercer County County, New Jersey please contact Elliot Dweck at edweck@tworld.com
Business Details
Year Established:
1990
Employees:
17
FE&E:
$75,000
Reason for sale:
Retirement
Lease & Tenant Information
Lease Options:
N/A
Other Information
Listing Number:
189597-251379
Sales:
$2,700,000
Seller's Discretionary Earnings:
$925,000
Inventory:
$40,000
Posting Information
Posting ID:
ID tw:87730 / Listing Number 189597-251379
Business Category:
Restaurants
Keywords:
Transworld
Send NDA Request
Please complete the form below to request the NDA for this listing. The broker will review your request and send the NDA for you to sign.
Posting Title
Restaurant Ranked Top 10 in New Jersey! Net 925k/yr! RE Included!
Posting ID
#*4f25b71bf80b1ae3c9631c81a097d24c*87730
Full Name (Required)
Email (Required)
Phone (Required)
NDA Signed Successfully!
Your NDA has been signed and submitted. The broker will review and countersign it. Once complete, you will receive access to confidential business details.
Agent, Broker or Seller Contact
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