Restaurant Ranked Top 10 in New Jersey! Net 925k/yr! RE Included!
Spanish Portuguese restaurant with real estate in Mercer County, NJ
On NextCompany since August 30, 2026 (46 days)
NJ areaEstablished 199017 FT employees
Business overview
This Spanish Portuguese restaurant operates in Mercer County, New Jersey. The owners have run this location since 1990. The dining room seats 140 guests. The sale includes a full bar and a liquor license.
Seventeen long-term employees staff the restaurant. Buyers receive the building, an upstairs apartment, and two parking lots. Gross revenue is $2,700,000. Seller discretionary earnings are $925,000 on an asking price of $3,200,000.
Who is a good fit for this business
- Owner-operators with at least 5 years of restaurant ownership and proof of funds.
- Buyers who want a 140-seat full-service restaurant with real estate in Mercer County, NJ.
- Operators ready to lead an existing team of 17 employees at the same site.
- Buyers who want an upstairs apartment they can rent plus two parking lots.
Details
- Reason for selling
- Retirement
Frequently Asked Questions
This Spanish Portuguese restaurant operates in Mercer County, New Jersey. The owners have run the same location since 1990. The dining room seats 140 guests. A 2025 ranking placed this restaurant among New Jersey's Best Restaurants.
The sale includes two properties. Buyers receive the restaurant building with an upstairs apartment. They can rent that apartment. An adjacent parking lot sits with the building. A separate overflow lot down the street serves private events and busy weekends.
The asking price is $3,200,000. Gross revenue is $2,700,000. Seller discretionary earnings are $925,000. The listing states a down payment of $340,000.
The sale includes a full bar and a liquor license. The listing values furniture, fixtures, and equipment at $75,000. The listing values inventory at $40,000. Seventeen long-term employees staff the restaurant.
The owners are retiring. They plan to move back to Spain. They opened the restaurant in 1990. They still run it today.