4 N Park Place

Description

Established Business Opportunity in the Heart of Downtown Newark. Rare opportunity to acquire a profitable, turn-key retail food business located in one of downtown Newark's most vibrant and walkable districts. This 1,800 sq ft commercial space showcases timeless architecture and historic charm, perfectly positioned among local shops, dining, and year-round community activity. The business offers four years of clean operating history with consistent revenue growth, increasing from approximately $258,000 in 2022 to $430,000 in 2025. The sale includes commercial-grade fixtures and appliances, seating, décor, menu, recipes, trained employees, vendor list, and comprehensive owner training, providing a seamless transition for new ownership. Operations are already partially delegated, with limited owner involvement and an established in-store management structure—making this an excellent opportunity for an owner-operator or an investor looking to build upon a proven foundation. The business operates under a sublease agreement through February 2027, with the property owner open to offering an option to renew for an additional two years following the sublease expiration. A truly exceptional chance to step into an established, growing business in one of Newark's most desirable downtown locations.