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Chan's Food Service

Union County, New Jersey

Asking Price: Gross: Cash Flow:
$125,000 $350,000 $120,000

Business Summary:
This 1,400 sq. ft. BYOB sushi restaurant is located on a busy street in a very affluent town of approximately 30,000 residents in Union County. With the average age of a resident being only 38, an average household income of approximately $100k and an unemployment rate of 2%, people have money and are eating lots of sushi!! This town is a shopping Mecca with tons of shopper foot traffic every night and weekend and plenty of parking on the street. Tons of small businesses in town make for a great takeout business during lunchtime. Outdoor dining with tables that the town allows to extend all the way down the block doubles seating capacity in nice weather. With a landlord willing to give a ten year lease with a five year option, this is an extremely well priced opportunity. For further information please contact Howard Kupferman at 908-851-9040 Ext. 263.

 
   
   
Year Business was Established: 2008
   
Number of Employees: 3FT/4PT  
   
Facilities / Terms of Lease: 1,400 sq. ft. with lots of street parking. 10 year lease can be negotiated with a 5 year option to renew.  
   
Owner willing to finance: N/A  
   
Owner willing to train: 1 month  
   
Reason for selling: Owner lives too far away and has 2 small children that he wants to spend time with  

 

 

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