Restaurant Bar Banquet Facility
Sourced from public listings. Figures as listed, unverified.
Restaurant Bar Banquet Facility is a restaurants & food service business for sale in Union County, New Jersey. Listed at $390K, with approximately $85K in annual cash flow on $840K in revenue, about a 4.61× multiple. Established 1966. Owner willing to train.
Why this business stands out
- Established 1966
- Owner willing to train
- Owner willing to finance
- No competition noted
- Updated facilities 2007
- 4,200 sq. ft. facility
- 6,000 sq. ft. full basement
- 8-year lease with 5-year option
Financing snapshot
An illustrative SBA 7(a) scenario at 10% down over 10 years. Model your own terms in the SBA loan calculator.
Illustrative only, not a financing offer. Actual terms vary by lender and deal. Check coverage in the DSCR calculator.
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Frequently asked questions
How much does this restaurants & food service business cost?
The asking price is $390K. Exact terms and any seller financing are confirmed with the seller after you create a free Clef account.
What is the cash flow and valuation multiple?
This business reports approximately $85K in annual cash flow (SDE/EBITDA), a 4.61× multiple on the asking price.
Where is this business located?
It operates in Union County, New Jersey. Full location and source details are shown once you create a free Clef account.
Can this acquisition be financed with an SBA loan?
Businesses in this range typically qualify for SBA 7(a) financing covering up to 90% of the purchase price over a 10-year term. See the financing snapshot above for an illustrative scenario.
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