Restaurant Realty Associates provides the following guidelines for those interesting in having us sell their establishment for them.

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What we will need from you...

A Listing Form: A detailed worksheet outlining all of the important information about your restaurant. Square footage, seats, taxes, employees, equipment and other facts relevant to the sale.

Financial Information: At least the last two years in tax returns and financial statements.

Signed Exclusive Right to Sell Agreement: Prepared by RRA which details the terms and conditions by which you hire us to market your restaurant. It spells out the rights and obligations of the seller and the broker and services as protection for both. Agreements should be submitted by your attorney before signing.

Copy of Lease or an Appraisal: A full copy of your lease with important dates and rental rates or, if selling your property, a copy of a property appraisal, if available.

Site Plans, Building Plans, Photos or Renderings: Any helpful information that would be beneficial to a buyer to easily understand what is being offered. 

Menus and Promotional Material: Copies of your regular and banquet menus or flyers pertaining to any special activities you offer your customers.

Advertising Reviews or Write Ups: If your restaurant has received accolades-and favorable write-ups-show them off.

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FEATURED LISTINGS

PAISANO’S PIZZERIA & RESTAURANT – Route 22 Watchung, NJ – A 3660 sq ft storefront located in the Watchung Square Mall JUST REDUCED FROM $800,000 TO $695,000..

It has 100+ seats and a very active delivery and take-out business, often having 6 drivers on at once. The business currently grosses $1.4 mil and nets 15 to 20%. The Seller must retire due to an illness. They will provide 50% Seller financing to a qualified buyer.   You can get your investment back in a year and a half. Check out www.buyingrestaruants.com and listing SOM1511

 

BAKERY/RESTAURANT – Near Princeton
A magnificent Colonial structure housing a newly renovated restaurant & bakery in a quaint village. Offer breakfast, lunch & dinner 5 days a week. Seats 68 with a patio for 10. Increase gross two and three times by commercially selling baked goods and offering off premises catering. It deserves a good look. All new equipment and mechanicals. Fully turnkey. ASKING $1.2 MIL FOR BUSINESS & PROPERTY OR $400,000 FOR JUST THE BUSINESS
Check Out Listing MID017  

BURGER KING – Somerset County
An estate liquidation forces the sale of the business and property. Buyer must meet strenuous Burger King qualifications. Must have franchise food experience. A rock solid opportunity ASKING $1,550,000.
SEE our listing SOM2045

Morris County – 8,000 sq ft Rest/Bar; seats 224; 3 acres Asking $1,795,000

Hunterdon County Rest/Bar – Seats 110; 3BR Apt. ASKING $845,000

Hunterdon County – 8,000 sf – Rest/Bar, 2 acres, seats 240 ASKING $1.8MIL

Hunterdon Co. 8,000 sf Rest/Bar, seats 200, Asking $1.6MIL

Union Co. – 3,000 sf, seats 100, Rent $4050, ASKING $545,000

 

 



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