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Main St Paterson, NJ 07503

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Estimated value
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Property ID

Property summary

AI-generated overview

This exceptional restaurant opportunity in Paterson, NJ, presents a turnkey operation poised for continued success. Located on Main Street, this well-established eatery boasts a loyal customer base and a strong reputation built on delicious food and excellent service. The 1,950 square foot interior features a fully equipped kitchen, a service counter, and a spacious dining area designed to comfortably accommodate patrons. Adding to its appeal is a significant 1,100 square foot enclosed patio, ideal for year-round outdoor dining and private events, expanding seating capacity and revenue potential. The property's prime location ensures high visibility and convenient parking, attracting both local residents and passersby. This business offers strong financials and significant growth potential, making it an attractive investment for a discerning buyer seeking a profitable and established restaurant operation. The existing infrastructure and loyal customer base minimize the start-up challenges, allowing a new owner to focus on expansion and further development. Detailed financial information is available upon request, providing a comprehensive overview of the business's performance and profitability. This is a rare opportunity to acquire a thriving restaurant in a desirable location with a proven track record of success. Don't miss out on this chance to own a well-established and profitable business.

Property profile

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Property type Investment properties

Cap rate & NOI

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Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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