Diner
Essex County, New Jersey
| Asking Price: |
Gross: |
Cash Flow: |
| $65,000 |
$150,000 |
Undisclosed |
Furniture and Fixtures Value:
$40,000 (included in the asking price)
Inventory Value:
$2,000 (included in the asking price)
Business Summary:
Brand new everything. Building completely renovated including the basement. Lunch and Dinner serving American international food + some Spanish specialties. Building available for sale $515,000 seller financing with 20% down, 6%, 30 year payout, balloon 10 years. BYOB Restaurant. Apartment upstairs, $1,200 month income. For further information, please contact us at 908-851-9040.
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| Year
Business was Established: 2008 |
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| Number of Employees:
4FT |
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| Facilities / Terms of Lease:
Everything is new, lots of tile and stainless steel. Street parking for 17 cars, senior center will be built next door: built in clientele more or less. |
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| Potential
Growth/Expansion:
New senior center will be built next door. Business is apt to increase. |
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| Competition:
2 other small restaurants in the neighborhood. Not much of a competition. |
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| Owner
willing to finance:
Building available has additional rental income seller financing on building and business for 80% of sale price, 6% 30 year payout balloon in 10 years subject to buyer being qualified for a budget loan. |
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| Owner
willing to train:
2 weeks due diligence. |
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| Reason for selling:
Other interests, owners have other full time jobs. |
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| REQUEST MORE INFO |
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