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Get involved for NO MONEY DOWN

Morris County , New Jersey

Asking Price: Gross: Cash Flow:
Undisclosed Undisclosed Undisclosed

Business Summary:
Get involved with restaurant property with parking- with no money down. This is a lease requiring no money down for opportunity to take over- other than security deposit. Place closed down two months ago, this pace operated on a high end Italian Restaurant where owner doing positive cash flows close to 200,000.00 annually. New owner, before opening would handle expected business would have to spend 30,000- to open mostly going for used ovens and some TLC. The ethnic menu style in this area is not important as vicinity has no quality food service restaurants. Any quality food server who has background experience in high end food service will do well. Unbelievable value that can be attained for no money down. For further information, please call Vito Mastromonaco at 908-851-9040 Ext. 285. Email: [email protected]

 
   
   
Year Business was Established: 2002
   
Facilities / Terms of Lease: Two store restaurant with parking- (closed two months ago). Seats 135- New buyer can get involved for no money down (BYOB)  
   
Potential Growth/Expansion: Buying C Liquor License now when prices for them are depressed and spending TLC for fix up.  
   
Competition: This place was the place in the area of Morris County  
   
Owner willing to train: This place was the place in the area of Morris County  
   
Reason for selling: This place was the place in the area of Morris County  

 

 

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