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Maria’s Restaurant

New Jersey

Asking Price: Gross: Cash Flow:
$249,000 $426,400 $113,213

Inventory Value:
$500 (included in the asking price)

Business Summary:
A Scotch Plains institution for forty years, owned by Mike since 1993, this business seeks a hard working owner with knowledge and ability in Italian food and pizza. With seating for 50, ample parking and 1,200 sq.ft., they sell about 40% pizza and 60% fast food. The majority of the business is take -out with about one third of the diners eating in while just 5% is delivery. Landlord will offer new, favorable lease. Additional revenue may be generated by opening Sundays and by pursing more delivery.

 
   
   
Year Business was Established: 1970
   
Number of Employees: 3 F/T 3 P/T  
   
Owner willing to finance: 5% 3 years  
   
Reason for selling: Retirement  
 

 

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