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Listed by:

Regal Consulting Corp.

Montclair Casual Restaurant For Sale

Montclair, New Jersey, US
Asking Price:
$199,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$240,000
Cash Flow:
$80,000

Profitable fast-food restaurant located in a wonderful area of Montclair, Northern New Jersey, in the County of Essex. This successful fast food casual restaurant specializes in the highest quality of Salads, soups, and Sandwiches. The restaurant is convenient especially when it is time to grab something for lunch, it is got to be quick, but you do not want to feel guilty eating the wrong food. Food must give you the pick-me-up you need to get you through the rest of your day and that is the menu for this fast-food restaurant. They use only fresh, never frozen ingredients. They blend beautifully crafted salads, made in house with only fresh produce. They make Healthy cooking so that you can eat it every day and still feel good about yourself. This is a dependable safe business opportunity and based on the asking price, required down payment and yearly net income, this business expects to supply a consistent return on investment to the owner operator.

Property Information

Real Estate:

Lease

Lease Terms:

This business transaction will include a new lease plus additional options, with a monthly rent of $2,350, cost per square foot is estimated at $25.00, and rent security of approximately $5,500.

Leasehold Rent:

$28,800 per annum

Lease Rent:
$27 per sq ft per annum
Location:

This opportunity is in Northern New Jersey, Essex County, with a highly populated community and consist of demand for this food product.

Premises Details:

The retail facility which consist of approximately 1,100 square feet has a quint and clean appearance. The business is on an active commercial avenue with various other retail businesses.

Size in square feet:
1,100

Business Operation

Expansion Potential:

The business presently has a limited marketing plan, poor web site and if improved can further develop the business yearly gross sales.

Competition / Market:

This opportunity is in Northern New Jersey, Essex County, with a highly populated community and consist of demand for this food product.

Reasons for selling:

The sale is due to the owner’s relocation to Florida.

Trading hours:

The restaurant business operation is active seven days per week, with hours from 11:00 am to 6:00 pm.

Employees:
This restaurant requires one full time employee, and the monthly payroll expense is approximately $5,000.
Years established:
2010

Other Information

Support & training:

The owner will remain after-closing and is prepared to supply an appropriate transitional period to the new owner / operator.

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

Possible owner financing.

Furniture / Fixtures value:
$75,000 - included in the asking price
Inventory / Stock value:
$1,000 - included in the asking price

Contact Regal Consulting Corp.

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