Restaurant
Union County, New Jersey
| Asking Price: |
Gross: |
Cash Flow: |
| $120,000 |
$240,000 |
$35,000 |
Inventory Value:
$50,000 (included in the asking price)
Business Summary:
This is a new business that will only grow in my opinion. Owner of just 6 months must leave for Florida. Business in converted Hospital that is in progress to changing to Medical Bldg in one half, YMCA in the other half. He is the only restaurant in Bldg which increases its tenants each month. Will be full by Dec. YMCA contract with 3 locations come with business. THESE ARE PROJECTED FIGURES SET UP FOR OWNER/OPERATOR. This YMCA has an average of 9,000 swipes per month (must swipe card to enter). Recently installed Pizza Oven which should add to volume, projections are conservative. For further information please contact Wayne Polay at 908-851-9040 Ext. 288.
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| Year
Business was Established: 2011 |
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| Number of Employees:
3 |
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| Facilities / Terms of Lease:
In ground floor inside YMCA 10 year lease with options showing a profit already. Has contract to supply this YMCA, and in two other locations which comes with business. Building has medical office which will be fully occupied by December |
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| Competition:
NONE |
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| Owner
willing to finance:
OPEN |
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| Owner
willing to train:
Wil stay on for limited time |
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| Reason for selling:
Moving to Florida |
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| REQUEST MORE INFO |
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