Established Luncheonette or Equipment and assume lease

Clifton, NJ
listing image
Asking Price:$150,000
Gross Revenue:$348,339
Established Year:2018
Cash Flow:$289,000
Rent:$2,936/Month
BUSINESS DESCRIPTION

Turnkey Luncheonette for sale. Additional option to purchase equipment and assume lease and use the space to open the business you dream of!


DETAILED INFORMATION
Location
Clifton, NJ
Inventory
Not Included in asking price
Real Estate
Leased
Lease Expiration
30/06/2028
Employees
5
Facilities
First floor of building on a busy street. Off street parking. Newly renovated. Seating for approx 50 heads. Lease ends June 30, 2028. Equipment includes, working walk in box, additional walk in box not hooked up, six burner stove top unit with 2x2 flat top & two ovens, 2 fryers, conveyer toaster, additional 2x2 flat top, slicer, panini press, commercial dishwasher, 6 - 4 top booths. tables, chairs, hightop chairs for counter, low boy refrigerator, two bain maries, exhaust hood, steam table, single milkshake machine, vulcan salamander, and more.
Competition
Not much competition in the area. One local diner and one small cafe.
Growth & Expansion
Many growth and expansion opportunities with proper advertising.
Support & Training
I will stay with the business for 6 months to train.
Reason for Selling
I am selling because I do everything myself and it's too much. Im burned out an
Home-Based
This business is Home-Based

BUSINESS LOCATION
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Tracey Travers
Tracey Travers