Location, location, location (Restaurant)
Hudson County, New Jersey
| Asking Price: |
Gross: |
Cash Flow: |
| $299,000 |
$499,732 |
$95,179 |
Furniture and Fixtures Value:
$150,000 (included in the asking price)
Business Summary:
Location, location, location right in the heart of the town. Portuguese style BBQ restaurant that features restaurant menu. In order to come do business in this swinging town location has grandfather rights to the use of the existing sign and the non-compliance w/ current building code issues and permits and licenses in place. Time is of the essence everything is ready to go with the cost saving in legal fees and the time it takes to get zoning variances, and get owner/operator to be hands on –either keep theme or change style and menu to fit the clientele that you are looking to attract. Very high-middle income to affluent area. Lots of yuppie. Come be part of this annual street fair bring your food out to the street where everything is taking place. Shows well. Seating 50 indoor and 14 outdoor. Approximately 1,200 sq. ft. and full basement. F.F.E. is valued at 150K. Other expenses: Fire protection $311 + delivery fees $6,170 + hood cleaning $2,400 per year. For further information please contact Jim Hamdan at 908-851-9040 Ext. 210.
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| Year
Business was Established: 2008 |
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| Number of Employees:
5 |
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| Facilities / Terms of Lease:
1,200 sq. ft. 3 years young. Good condition, rent $6.300 per month, Lease 2 years + 5 year option |
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| Competition:
Several |
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| Owner
willing to finance:
Half down, balance payable in 5 years at Prime + 1% |
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| Owner
willing to train:
Two weeks |
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| Reason for selling:
Relocating |
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| REQUEST MORE INFO |
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