For Sale
$1,750,000

427 Morris Ave Elizabeth, NJ 07208

Thriving Colombian eatery, turnkey operation.

Overview

Added:
Feb 3
Days on market:
84
This exceptional business opportunity presents a fully operational and profitable restaurant and bar located in the bustling downtown area of Elizabeth, New Jersey. The establishment, known as La Casa Del Chupe (or Donde Mi Ama), occupies a spacious 2500+ square foot space and boasts a cozy, trendy atmosphere. The diverse menu features a selection of gourmet dishes and craft cocktails, appealing to a wide range of clientele. The restaurant has cultivated a loyal customer base and enjoys excellent online reviews, demonstrating its strong market position and potential for continued growth. All necessary permits and a valuable liquor license are included in the sale price of $1,750,000. This turnkey operation offers a seamless transition for the new owner, eliminating the need for extensive setup and permitting processes. All front-of-house (FOH) and back-of-house (BOH) equipment is included, along with the complete food and beverage inventory. The business is currently staffed and operates six days a week, from 5 PM to 3 AM, with nightly entertainment promotions designed to attract and retain customers. This presents a rare opportunity to acquire an established, successful business with significant potential for expansion and increased profitability within a vibrant and growing community. The sale includes everything needed to continue operations immediately, making this an ideal investment for an experienced restaurateur or a savvy entrepreneur seeking a proven business model.

Property Details for 427 Morris Ave

Property type
Investment properties

Location Insight

City
Elizabeth
County
Union
State
New Jersey
Latitude
40.67168
Longitude
-74.22086

FAQs

What type of property is this?
Investment property - Thriving Colombian eatery, turnkey operation.
Where is the investment property located?
The property is located at 427 Morris Ave Elizabeth, NJ.
What is the asking price?
The asking price for this property is $1,750,000.
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427 Morris Ave
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