Close

Choose your country

Or view all businesses for sale

Worldwide

Advertisement

Established Restaurant In Prime Shopping Center New Jersey For Sale

New Jersey, US
Asking Price:
$275,000
Sales Revenue:
$451,212
Cash Flow:
$103,714

LISTING ID: 34874

Established Restaurant in a prime Center with a Major Anchor Tenant. You must see it to appreciate it. You will not be disappointed. They have fantastic reviews and over 16,000 Facebook followers alone. This is the type of place you wish you had in your neighborhood. Friendly staff, high-quality food, and a casual environment. This is an award-winning business in a highly sought-after location. They are only open 5 days per week for lunch and dinner. A new owner can extend this to a full 7 days. In the past year, the business grossed approx. $451,212 with an owner-operator cash flow of approx. $103,714. The gross sales have seen strong upward growth throughout 2022. The space is 2,800 sq. ft. with ample parking. The current rent is $3,191.13/month (incl. CAM). A qualified buyer can obtain a new long-term lease. We are seeking a serious and financially qualified buyer with at least $199K in liquid funds to cover the down payment, but additional funds should be available for working capital, rent security, deposits, etc. All site visits must be discreet. Please do not speak with anyone when visiting the location. All meetings must be scheduled by appointment only!

Business Operation

Reasons for selling:

Health

Employees:
3 FT/6 PT
Years established:
10

Other Information

Support & training:

Seller will train

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

199,000.00 Down & $76K over 4 yrs. @ 6.5% with a personal guarantee.

Furniture / Fixtures value:
$61,000