550 Bloomfield AveVerona, NJ 07044
- Other commercial real estate
- 5,384 SF
Property Details for 550 Bloomfield Ave
- Year built
- 1900
- Lot size
- 0.23 AC
- Property size (Sq ft)
- 5,384 SF
- Property type
- Other commercial real estate
- APN
- 20 01703-0000-00069
- APU
- 2001703000000069
Description
This exceptional business opportunity presents the chance to acquire a highly successful Don Chicken franchise located at 550 Bloomfield Avenue in Verona, New Jersey. Situated in the heart of Verona, this restaurant enjoys a prime location directly across from Verona Park and conveniently close to the middle school. This ensures high visibility and accessibility to a large customer base. The property benefits from its own private parking lot, supplemented by adjacent municipal parking, ensuring ample parking for patrons. The surrounding area boasts numerous stores and local businesses, contributing to significant foot traffic and a strong, established customer base. The Don Chicken franchise itself has cultivated an excellent reputation, evidenced by over 150 five-star Google reviews, showcasing its commitment to delicious fried chicken and exceptional customer service. This turnkey operation is a well-established business with strong community ties and significant potential for future expansion. The sale includes the established franchise, allowing for immediate operation and revenue generation. This is a rare opportunity to own a thriving business in a desirable and high-traffic location. The asking price is $550,000. Serious inquiries only.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $1,018,863
- Hospitality
- $933,273
- Educational
- $776,472
- Medical
- $803,177
- Retail
- $1,207,846
Location Insight
- City
- Verona
- County
- Essex
- State
- New Jersey
- Latitude
- 40.8319
- Longitude
- -74.2449
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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