NJ
Union
Elizabeth City
07206
649 Elizabeth Ave
649 Elizabeth Ave, Elizabeth City, NJ 07206
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Listing Type
Commercial/Industrial
Listing Status
Active
29
$189,000

Home Details for 649 Elizabeth Ave

Price
$189,000
Type
Commercial Sale
County
Union
Basement
Full, Partially Finished
Days on site
65
MLS Listing#
4017419
Property Description

The business is a fully turn key, operational, cash-flowing restaurant located in vibrant Elizabeth, New Jersey, offering dine-in, takeout, and delivery services through major platforms such as DoorDash and Uber Eats. 120 maximum capacity, space for outdoor lounge In 2025, the operation demonstrated strong financial performance, reinforcing its stability and long-term growth potential. The business generated $537,668 in annual revenue and $147,602 in net operating income, achieving an above-average 27.4% operating margin. This level of performance positions the business as a high-quality, income-producing asset within the New Jersey restaurant market. All inventory included. Condition: FULLY RENOVATED, PLENTY OF STORAGE SPACE, Fully equipped kitchen and commercial-grade refrigeration systems. A liquor license is not included in the offering; however, one may be available for separate purchase through a third-party owner, presenting an opportunity to further enhance revenue. Business name not included in sale, financial reports are available.

Property Features
  • Basement
    • Full
    • Partially Finished
  • Cooling Information
    • Central Air
  • Water Features
    • Public
Listing Courtesy: BHGRE ELITE - 908-316-8530
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EXIT REALTY LUCKY ASSOCIATES (ELIZABETH)
640 Newark Ave., Elizabeth, NJ 07208
Office
908 289 7746
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