649 Elizabeth Ave, Elizabeth City, NJ 07206

$189,000

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List Price
$189,000
MLS#
4017419
Dom
2
Status
ACTIVE
County
Union
City
Elizabeth City
Subdivision
Elizabeth Avenue

Property Description

The business is a fully turn key, operational, cash-flowing restaurant located in vibrant Elizabeth, New Jersey, offering dine-in, takeout, and delivery services through major platforms such as DoorDash and Uber Eats. 120 maximum capacity, space for outdoor lounge In 2025, the operation demonstrated strong financial performance, reinforcing its stability and long-term growth potential. The business generated $537,668 in annual revenue and $147,602 in net operating income, achieving an above-average 27.4% operating margin. This level of performance positions the business as a high-quality, income-producing asset within the New Jersey restaurant market. All inventory included. Condition: FULLY RENOVATED, PLENTY OF STORAGE SPACE, Fully equipped kitchen and commercial-grade refrigeration systems. A liquor license is not included in the offering; however, one may be available for separate purchase through a third-party owner, presenting an opportunity to further enhance revenue. Business name not included in sale, financial reports are available.

Additional Information

Cooling
1 Unit, Central Air
Garage Description
See Remarks
Heating
1 Unit
Sewer
Public Available
Water
Public Water
Basement
Yes
Garage Description
See Remarks

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Listing Courtesy Of BHGRE ELITE, Contact: 908-316-8530

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