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Ataullah Barnes

ataullah@rogprodigy.com +1(973) 277-2575

$145,000

Est. payment - /mo

1,300 SqFt

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UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 1,300 sqft

Price per Sqft $111

Subdivision Elizabeth Avenue

MLS Listing ID 4017419

Year Built 2021

Property Description

The business is a fully turn key, operational, cash-flowing restaurant located in vibrant Elizabeth, New Jersey, offering dine-in, takeout, and delivery services through major platforms such as DoorDash and Uber Eats. 120 maximum capacity, space for outdoor lounge In 2025, the operation demonstrated strong financial performance, reinforcing its stability and long-term growth potential. The business generated $537,668 in annual revenue and $147,602 in net operating income, achieving an above-average 27.4% operating margin. This level of performance positions the business as a high-quality, income-producing asset within the New Jersey restaurant market. All inventory included. Condition: FULLY RENOVATED, PLENTY OF STORAGE SPACE, Fully equipped kitchen and commercial-grade refrigeration systems. A liquor license is not included in the offering; however, one may be available for separate purchase through a third-party owner, presenting an opportunity to further enhance revenue. Business name not included in sale, financial reports are available.

Location

State NJ

County Union

Rooms

Basement Finished-Partially, Full

Interior

Heating See Remarks

Cooling 1 Unit, Central Air

Heat Source See Remarks

Exterior

Parking Features See Remarks

Utilities Available See Remarks

Building

Sewer Public Available

Water Public Water

Others

Ownership Sole Proprietorship

Acceptable Financing Buyer, Cash, Lease Purchase

Listing Terms Buyer, Cash, Lease Purchase

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Listed by BHGRE ELITE

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Ataullah Barnes

+1(973) 277-2575

Broker | License ID: 0454603

Broker License ID: 0454603

649 Elizabeth Ave Elizabeth City, NJ 07206

Ataullah Barnes

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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649 Elizabeth Ave