Listing Details

649 Elizabeth Ave,Elizabeth City, NJ 07206-2721

  • September 16, 2026

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.

Details

Last Updated On: September 16th, 2026 at 1:22 pm
Property ID:PT-54902524-AXZR
Offer Type:For Business
Property Type:Business
Price: 145,000 $

Additional Details

Home Details

Basmnt/Desc: Yes - Finished-Partially, Full
Building Number: 649
Business Established: 2021
Number of Lavatories: 2
Road Type: City/Town Street

Taxes, Fees & Assessments

Existing Lease: 3-5 Years
Ownership Type: Sole Proprietorship
Gross Operating Income: 537668
Net Operating Income: 147602
Expense Operating: 212328
Documents Available: Financial Statements

Utilities

Heating: 1 Unit
Cooling: 1 Unit, Central Air
Water: Public Water
Sewer: Public Available

Other

Hours of Operation: 11AM-9PM
Number of Employees: 4

Statistics

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