547 High Mtn Rd North Haledon, NJ 07508-2663

Property Details for 547 High Mtn Rd

Year built

1953

Lot size

0.31 lot acres

Property type

Commercial real estate

APN

06 00018- 01-00012

APU

6000180100012

Description

This exceptional opportunity presents a well-established restaurant in North Haledon, New Jersey, for sale at $289,000. Boasting 3,300 square feet of space, this business currently generates $550,000 in annual sales, exhibiting consistent year-over-year growth of 15-20%. The property is zoned for retail use and includes a fully equipped chef's kitchen, a walk-down basement with refrigeration units and ample storage. The substantial net operating income (NOI) stands at $163,000, showcasing the profitability of this venture. Located near Franklin Lakes and Wyckoff, the restaurant enjoys a loyal customer base. A state-issued wine license is available, presenting a significant opportunity to further increase revenue by an estimated 20%. Inventory will be purchased separately at closing. The current owners are motivated to sell and seek a buyer committed to maintaining the business's success. Serious inquiries only, with proof of funds required before scheduling a viewing. Showings are strictly limited to 8:00 AM - 9:00 AM, and all potential buyers must adhere to strict confidentiality guidelines to avoid disruption to the ongoing operations. Contact for details and scheduling.