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Popular Diner - Only $100k Down Needed! For Sale

Morris County, New Jersey, US
Asking Price:
$250,000 Furniture / Fixtures included
Sales Revenue:
$572,000
Cash Flow:
$143,600

Popular Diner for Sale.

Seller Financing Available. Only $100K down is needed to buy this Incredibly popular & successful 50-seat Diner that has been at the current location for 25 years.

Delicious food, great reviews & located in a popular shopping center with tons of parking. A new owner will be set up for success with the existing clientele, excellent online reviews, brand-new equipment & an established structure that has been a proven winner for 25 years.

Property Information

Real Estate:

Lease

Premises Details:

50-seat Diner with new equipment conveniently located in a popular shopping center with tons of parking. The rent is $3,700 per month. Everything you need is ready to go.

Business Operation

Expansion Potential:

Additional marketing.

Competition / Market:

Limited competition makes this Diner a must-have for a new owner.

Reasons for selling:

The owner is retiring after 25 successful years at the location due to health reasons.

Trading hours:

Monday-Sunday 6am-9pm

Employees:
4 FT/8 PT
Years established:
26

Other Information

Support & training:

Will train for 2 weeks @ $0 cost.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

$100K down/$150K over 60 mos. @ 7%.

Furniture / Fixtures value:
$16,000 - included in the asking price
Inventory / Stock value:
$6,000