Absentee-Owned Diner & Full-Service Restaurant — Adjacent to a Major Regional Youth Sports Complex
Turnkey, Manager-Run Operation With Approximately $1,000,000 in Seller-Represented Annual Cash Flow
Route 31 Corridor, Hunterdon County, New Jersey
THE BUSINESS
A well-established, high-volume diner generating more than $2.3 million in annual revenue per its tax returns in each of the last three years — strong, verified performance that is only part of the picture. Per Seller, total business revenue runs approximately $3.4 million annually (average weekly sales of approximately $66,000), and reached approximately $80,000/week in prior years when the owner spent more time on-site. Just as notable: per Seller, the business has been operated on a fully absentee basis for the past five years, with a full-time, on-site manager already in place — a true turnkey opportunity for an owner-operator ready to bring hands-on focus back to a proven, high-volume operation and work toward that historical peak.
THE MARKET
The property sits on a major state highway corridor in New Jersey's #1 county by median household income, at the commercial gateway to the county seat. It is also just minutes from one of the region's premier youth baseball and softball complexes, which draws more than 45,000 traveling athletes and 3,000-plus teams every year — a built-in, recurring stream of visiting families.
THE OPPORTUNITY
The real estate is structured as a long-term land lease with 36 years remaining, and a new roof and new HVAC system have already been installed — meaningfully reducing near-term capital expenditure risk for a buyer. A new owner also has the opportunity to formalize a marketing and catering partnership with the nearby sports complex to further grow revenue.
WHY THIS OPPORTUNITY STANDS OUT
- Fully absentee-owned for 5+ years with a manager already in place — meaningful upside for a hands-on buyer
- Total business revenue represented at approximately $3.4M/year (~$66,000/week per Seller) — reported revenue above $2.3M/year per tax returns is only part of the picture
- Per Seller, sales reached ~$80,000/week in prior years under more active ownership — a concrete upside target for a hands-on owner-operator
- Minutes from a major regional youth sports complex drawing 45,000+ visiting athletes per year
- Long-term land lease (36 years) with a new roof and new HVAC system already installed
- Located in New Jersey's #1 county by median household income
