177-195 Ridgewood Ave, Ridgewood, NJ 07450

Property Description

Home to the premier American restaurant in Ridgewood, NJ. This has been a successful business for over 75 years in a tremendous location with parking!! After nearly 50 years of current ownership, it is time to retire. The location is being offered for the price of a buildout and equipment The owner is selling the lease (a long-term lease is available), the infrastructure build-out, and all the equipment. The business is not for sale, and no representations of the revenues will be disclosed. The new owner is free to use the name with “under new ownership” As a second-generation restaurant facility, the acquiring party will benefit from bypassing the significant time and capital expenditures typically required for zoning compliance, permitting, and obtaining a certificate of occupancy. Furthermore, the premises include established commercial water and sewer connections, upgraded electrical and gas utility systems, Ansul fire suppression systems, ventilation, and grease traps, etc. The transaction also encompasses all existing equipment and furnishings should the new owner elect to retain them for continued use