↩ Go Back
Need help?

Newly Established Restaurant Investment Opportunity in Jersey City, United States

Opening 4 restaurants, each offering different cuisines and indoor entertainment.
This Business is on a Premium Plan
Established 0-1 year(s)
Employees 2 - 5
Legal Entity Limited Liability Company (LLC)
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin 18 %
Industries Restaurants
Locations  Jersey City
Local Time 10:05 AM America / New York
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 250 thousand for 25.0% stake (Native Currency: USD 250,000)
Reason: For expansion of the restaurant business in a new location.
Includes physical assets worth USD 1 million
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Overview

Have proven concept doing $12.7M annually. Focusing on restaurants and entertainment for all ages, with a particular emphasis on adults and corporate clients.

- The business plans to expand to the Northeast and then move south, with a projected annual revenue of USD 35 to 40 million.

- The plan includes opening 4 restaurants, all registered under the same entity, with different cuisines designated for each floor: steakhouse, Italian, Greek, and pub respectively.

- The restaurants will also include simulators and various other indoor entertainment options, such as bowling, to cater to a wide range of guests.

- The first restaurant is scheduled to open in 3-6 months, while the other three restaurants are planned to open in the first quarter of the following year.

- The previous location of the business had an annual revenue of $12.7 million, indicating a track record of generating significant income.

Products & Services Overview

Food, beverage and various other indoor entertainment.

Target client base is adults and corporates.

The plan includes opening 4 restaurants, all registered under the same entity, with different cuisines designated for each floor: steakhouse, Italian, Greek, and pub respectively.

Assets Overview

Furniture, fixtures, kitchen equipment, simulators.

A lot of equipment is already in place.

Facilities Overview

Leased facility of 1 floor, 1 floor built out, other floors.

Are partially built out. Built-up area is 46,700 sq ft.

Location is Jersey City, NJ.

Capitalization Overview

Starting funds were raised through some friends and family.

$500k debt in the previous location.

Investment in the new location ranges from $200k to $3M.

Recent Activity
  • Earlier than 15 days
    CEO, Miami, Financial Consultant connected with the Business
  • Earlier than 15 days
    Partner, Charlotte, M&A Advisor connected with the Business
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business

4 Investors viewed this Business this week.
Register below to connect now!

Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
You might also be interested in these businesses

    Frequently
    Asked
    Questions

    • Why can’t I see the business’ name or contact number? How do I contact the business?
    • What level of due diligence does SMERGERS conduct on the businesses/member?
    • How active are the business profiles listed on SMERGERS?
    • How does SMERGERS rate business profiles?
    • Do I need to pay to connect with a business?
    • Show more