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American/Mexican Diner

Ocean County, New Jersey

Asking Price: Gross: Cash Flow:
$98,000 $182,000 $65,113

Furniture and Fixtures Value:
$40,000 (included in the asking price)

Inventory Value:
$3,000 (included in the asking price)

Business Summary:
Well established all year-round American/Mexican Restaurant which serves breakfast and lunch. Consists of 1,200 sq. ft., comes complete with a fully equipped commercial kitchen and has seating for 60. It is located on a major road surrounded by retail shops, commercial businesses and attracts business people, retirees, students, families, tourist and local residents. A good restaurant operator can place their own concept or keep the current concept and adapt it according to their preference. For further information please contact Gene Reilly at 908-851-9040 Ext. 293.

 
   
   
Year Business was Established: 1992
   
Number of Employees: 5PT/1FT  
   
Facilities / Terms of Lease: American/Mexican Restaurant which serves breakfast and lunch. The restaurant consists of 1,200 sq. ft. comes complete with a fully equipped commercial kitchen and has seating for 60. It is located on a major road surrounded by retail shops, commercial businesses. Great rent only $1,750 per month.  
   
Potential Growth/Expansion: Presently open for breakfast and lunch. Add dinner for increasing sales.  
   
Owner willing to finance: Prime + 2% for 2 years  
   
Owner willing to train: Two weeks training, staff will stay on making it an easy transition  
   
Reason for selling: Other business  
 

 

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