236 Franklin Ave, Nutley, NJ 07110
This thriving restaurant, operating successfully for 22 years, presents a unique opportunity for a savvy investor. Located in the heart of Nutley's bustling center, this business benefits from a highly visible and accessible location. The property includes all existing equipment, ensuring a seamless transition for the new owner. A significant advantage is the convenient municipal parking located directly behind the establishment, providing ample parking for patrons. The restaurant's basement features a newer walk-in freezer, a valuable asset for efficient food storage and inventory management. This turnkey operation offers immediate income potential and the chance to build upon an already established customer base and reputation within the Nutley community. The sale includes all necessary equipment for continued operation, minimizing upfront investment and allowing for a quick start. This is an exceptional opportunity to acquire a well-established business in a desirable location with significant growth potential. The asking price of $250,000 reflects the value of the established business, prime location, and included equipment. Serious inquiries only.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.