Est. Diner in a Corner Lot
Middlesex County, New Jersey
Asking Price: |
Gross: |
Cash Flow: |
$1,200,000 |
$531,960 |
$223,693 |
Real Estate:
$950,000 (included in the asking price)
Business Summary:
Est. diner in a corner lot located in a middle income and developing town that was emancipated into another larger town. Shows well. Seating for 64. Option 1 business (5,000 sq. ft.) can only be purchased with the property (10,500 sq. ft.). Parking for 22 cars. Option 2 business + property and (next door) 1 family 2 story house 8,249 sq. ft. = $1,200,000. Property best suited to be developed into a bank or drug store. Needs owner/operator/chef to be hands on. Current owner is ill. For further information please contact Jim Hamdan at 908-851-9040 Ext. 210.
|
|
|
|
|
|
Year
Business was Established: 2000 |
|
|
Number of Employees:
11 |
|
|
|
Facilities / Terms of Lease:
Apr. 5,000 sq. ft. diner on a 10,500 sq. ft. property and house on 8,249 sq. ft. Large parking lot, good condition. |
|
|
|
Potential
Growth/Expansion:
Highest and best use for property would be for bank, drug store |
|
|
|
Competition:
Others |
|
|
|
Owner
willing to finance:
N/A |
|
|
|
Owner
willing to train:
Two weeks |
|
|
|
Reason for selling:
Health issues |
|
|
|
REQUEST MORE INFO |
|
|