A unique opportunity to purchase Landmark diner in Northern, NJ. The location has been a diner for over 50 years with a well-trained team in place, a strong reputation and great customer reviews. Long term lease of 20+ years with LOW monthly rent of $13,200. Their low overhead along with their highly visible AAA location makes this highly profitable business very hard to beat. They have easy accessible parking for 50 cars, a full bar with seating for 235 guests and a full basement for storage. They have a vibrant delivery business in place and has tremendous potential to increase the revenue and profits. Owner is looking to retire and please refer to listing number 15039 when inquiring about this opportunity.
- Asking Price:
- $950,000 Furniture / Fixtures included
- Sales Revenue:
- $1,300,000
- Cash Flow:
- $250,000
Property Information
- Real Estate:
-
Lease
Business Operation
- Employees:
- 25
- Years established:
- 50+
Other Information
- Furniture / Fixtures value:
- $800,000 - included in the asking price
