Small Restaurant in Upscale Neighborhood
Monmouth County, New Jersey
Asking Price: |
Gross: |
Cash Flow: |
$69,000 |
$87,065 |
Undisclosed |
Furniture and Fixtures Value:
$25,000 (included in the asking price)
Inventory Value:
$1,000 (included in the asking price)
Business Summary:
Existing “Jersey Shore” restaurant specializing in Peruvian rotisserie chicken and an array of salads and pastas. Wonderful location only (1) block from the beach with free street parking in front and in a nearby lot. Beautiful condos located right near the beach bring in customers. Landlord will give new owner a long term lease with options. “Build out” was approximately $60,000.00 For further information please contact Seth L. Kain at 908-851-9040 Ext. 287 or 201-317-4710.
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Year
Business was Established: 2011 |
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Number of Employees:
2FT |
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Facilities / Terms of Lease:
See business description for this information |
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Potential
Growth/Expansion:
The business has been steadily growing as sales have increased in each of the past two years. Possibility of increasing the menu with some “fast food” items along with breakfast type food should enhance the business. A new owner should also do some advertising and promotion to increase sales and profits. |
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Competition:
There are not any other Peruvian restaurants in all of Monmouth County |
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Owner
willing to finance:
$19,000 – a negotiable rate over 3 years (all negotiable) |
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Owner
willing to train:
One week – Owner lives fairly close by and would assist after the week is up if need be |
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Reason for selling:
Owner is planning on retiring soon |
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REQUEST MORE INFO |
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