Investment Highlights
Executive Summary
El Cid Restaurant & Bar (With Liquor License) ? A Culinary Legacy in Paramus for Steak and Seafood for over 30 years.Nestled on 1.2 acres of prime land at 205 Paramus Road in the vibrant Township of Paramus, El Cid Restaurant & Bar presents a rare and lucrative opportunity for culinary entrepreneurs and investors. The establishment, spanning 5,138 square feet, has been a cherished family-run venture since 1994, creating a rich history and a loyal clientele.This iconic two-story restaurant boasts a unique layout with a mezzanine offering scenic views of the bustling downstairs bar. Featuring two well-appointed bar areas, the venue comfortably seats approximately 200 guests, promising an immersive and unforgettable dining experience. The restaurant's allure extends to the first floor, where a temperature-controlled wine closet adds a touch of sophistication.The property is a hub of culinary excellence, equipped with a fully operational kitchen ready for immediate use. The lower level hosts dry storage, freezer and cooler facilities, along with two lobster tanks, contributing to the seamless operations of this distinguished establishment.Strategically positioned just half a mile from Route 4 ? a major corridor connecting to NYC within 7 miles ? El Cid is not only a culinary gem but also benefits from its proximity to prestigious golf courses, including the Ridgewood and Arcola Country Clubs.Property Highlights:Size: 5,138 SFLot Size: 1.2 acresYear Built: 1955Stories: One (1) + mezzanineSeating: 200Parking: 100+ vehiclesSituated in Paramus Township, a sought-after suburban enclave with a population of 26,698, this locale offers more than just culinary potential. Boasting a robust educational system, strategic highway access, and an impressive retail sector, Paramus sets the stage for prosperous commercial enterprises.Demographics:Population: 26,698Median Age of Householder: 39.5Average Household Income: $166,191Traffic Counts: 27,502 vehicles per day on Paramus RoadDon't miss the chance to own a piece of culinary history in a thriving community. El Cid Restaurant & Bar awaits its next chapter of success ? an opportunity as rare and distinctive as the flavors it has served for nearly three decades.
