Famous Hot Dogs
Union County, New Jersey
Asking Price: |
Gross: |
Cash Flow: |
$285,000 |
$475,000 |
$276,633 |
Furniture and Fixtures Value:
$80,000 (included in the asking price)
Inventory Value:
$1,000 (included in the asking price)
Business Summary:
A Newark icon since 1962, this award winning Italian Hot Dog joint is selling its location in Union County. 1,300 sq. ft. of restaurant space, seating for 32 indoors and more outdoors, and a parking lot that holds 30 cars, this highway location is sure to be packed all summer, 80K in equipment comes with the place and is only 6 months old. The owner just can’t handle all the locations. You get to do business under his famous name without a franchise fee! After 25 years, the Seller has had enough! With 25 years in the same location, this palce is a neighborhood institution. For further information please contact Howard Kupferman at 908-851-9040 Ext. 263.
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Year
Business was Established: 1970 |
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Facilities / Terms of Lease:
1,300 sq. ft. of restaurant space, seating for 32 indoors and more outdoors, and a parking lot that holds 30 cars, this highway location is sure to be packed all summer, 80K in equipment comes with the place and is only 6 months old. |
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Owner
willing to finance:
prime +2 5 years |
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Owner
willing to train:
One month |
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Reason for selling:
Can’t run all businesses by himself “divestiture” |
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REQUEST MORE INFO |
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