ID:07670 Well Established Restaurant, Strong Business, and Reputation.
Bergen County, NJ
| Asking Price: | $395,000 |
| Gross Revenue: | $1,400,000 |
| Rent: | $6,895 |
| FF&E: | $375,000 |
| Cash Flow: | $263,000 |
| Inventory: | $15,000 |
| EBITDA: | $187,000 |
| Established Year: | 2010 |
Listing ID: 2314193Listing provided by BizBuySell
BUSINESS DESCRIPTION
Well Established! Well Appointed, PROFITABLE ON DAY ONE!!
FOR SALE, Highly reputable Restaurant, strong profits. Well built. After over a decade in business the Owner is retiring. Asking $395,000
ATTACHED DOCUMENTS
DETAILED INFORMATION
Location
Bergen County, NJ
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
2,672
Lease Expiration
31/03/2031
Employees
20
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
All fixtures furniture, equipment, good will, lease, and established business is included in the asking price. $395.000
Competition
Strong market conditions.
Growth & Expansion
Expand the hours of operations from 63 to 120 per week, offer a strong Dinner menu. Similar Concepts operate 120 hours per week in the state of New Jersey.
Financing
To a qualified buyer.
Support & Training
two weeks
Reason for Selling
Retiring after 45 years in the restaurant business.
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