Food & Beverage
Passaic County, NJ
Financial summary
Comparable pricing
Limited comparables for this listing. No reliable benchmark yet.
Methodology refines over time.
SBA financeability
Businesses in food services & beverage retail are commonly SBA-financed. The figures below are the industry-category norm from SBA 7(a)/504 lending, a gauge of how financeable a deal like this tends to be.
Food Services & Beverage Retail benchmarks
Typical SBA leverage
71%
Industry charge-off
1.3%
Common term
10 yr
Median loan
$269,200
Active lenders in this category: The Huntington National Bank, U.S. Bank, National Association, Manufacturers and Traders Trust Company.
Based on 52,309 SBA loans · source: SBA 7(a)/504 FOIA, as of 2026Q1 · industry-category level.
Detailed information
priced below 1.5x revenue and new to market.
Linked page lives on the broker site, not on OpenAcquisitions.
Business description
HS Listing ID-72270 $750,000 Asking Price Nearly $1 Million invested in recent renovations Turnkey luxury restaurant, lounge, and event venue Approximately 50 indoor seats Approximately 60-seat outdoor patio with retractable pergola and heating Additional outdoor capacity for 20–30 guests Separate 1,800 SF event venue accommodating approximately 60 guests Potential $5,500/month passive rental income from adjacent event space Long-term 10-year lease with renewal options Fully equipped commercial kitchen Approximately 85% credit card sales with fully recorded revenue All furniture, fixtures, and equipment included Modern POS system with verified sales Grandfathered hookah rights Strong social media presence and excellent curb appeal Significant upside through catering, private events, nightlife programming, entertainment, and owner-operated management A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
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