Profitable Upscale Restaurant and Banquet Hall with Owned Real Estate in Union County, NJ
Financial Details
- Annual Revenue:
- $3,500,000
- Cash Flow / SDE:
- $1,200,000
- Profit Metric:
- Cash Flow (SDE)
- Location:
- NJ, US
- Source:
- Date:
- November 05, 2025
Key Highlights
Description
This is an exceptional opportunity to acquire a fully renovated, high-capacity restaurant and banquet facility located in Union County, New Jersey, minutes from NYC. The sale includes the business and the 36,000 sq ft owned real estate valued at $6,000,000. The facility boasts a 200-seat restaurant, four dedicated banquet halls suitable for weddings and corporate events, ample parking (130+ spaces), and a full liquor license. The business is highly profitable, showing $1.2 million in Seller's Discretionary Earnings (SDE) against $3.5 million in gross revenue. The current ownership has recently upgraded the outdoor patio and ceremony area, adding new revenue streams. Significant upside exists in actively marketing untapped off-premise catering services. Comprehensive training and support will be provided for a smooth transition.
Industry Information
- Industry Description:
- This listing is for an established, upscale restaurant and banquet hall operation that includes significant real estate assets, focusing on dining, event hosting, and catering services.
- Classification:
- Restaurants & Food
Operational Snapshot
- Year Established:
- 2010
- Employees:
- 30
- Reason for Selling:
- Relocating to another state
Real Estate & Lease
- Status:
- Owned
- Real Estate Price:
- $6,000,000 USD
Assets & Inventory
- Includes FF&E:
- Yes
- Includes Inventory:
- Yes
Broker Contact
- Name:
- Aniyan George
- Phone:
- 908-337-1289
Listing Details
- Listing ID:
- 6b614905-a780-47d2-9cab-a37c82c25468
- Source Listing ID:
- 2371055
- Deal Status:
- For Sale
- Last Updated:
- November 05, 2025
- Currency:
- USD