1 Newark StHoboken, NJ 07030

This established Hoboken Greek restaurant, located at 1 Newark St, 07030, presents a unique investment opportunity. Boasting consistent annual revenue between $1.2M and $1.3M, this BYOB establishment has cultivated a loyal customer base over nearly a decade. The 1,400 sq ft space offers significant potential for expansion, including the possibility of adding outdoor seating to increase capacity. The restaurant's strong emphasis on takeout and delivery services ensures a steady income stream. A dedicated and efficient staff is already in place, minimizing operational oversight. The spacious basement provides ample storage, and the existing infrastructure allows for renovations and upgrades to enhance the ambiance and functionality. Further growth opportunities exist through targeted marketing strategies, such as implementing happy hour specials. Seller financing is available with a $250,000 down payment, and the lease has 7 years remaining. This turnkey operation is ideal for experienced restaurateurs or aspiring entrepreneurs seeking a profitable venture in a vibrant Hoboken location. The asking price is $450,000.