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Restaurant/Diner

Middlesex County, New Jersey

Asking Price: Gross: Cash Flow:
$135,000 $300,000 $58,800

Furniture and Fixtures Value:
$15,000 (included in the asking price)

Inventory Value:
$3,000 ( not included in the asking price)

Business Summary:
Location, Location, Location ! Across from train station in down town area. Has 2 kitchens, seller did not come from food industry (construction). Seats 100+ just put sign, Under New Management and watch what happens. All permits in a place. For further information please contact Morris Egert at 908-851-9040 Ext. 268 or 908-510-1275.

 
   
   
Year Business was Established: 2011
   
Number of Employees: 9  
   
Facilities / Terms of Lease: 3,000 sq. ft. cozy diner, seating for 100+. Has tables and booths, 2 separate kitchen areas. Seller gutted this space two years ago, all equipment in excellent condition. Street and garage parking available  
   
Potential Growth/Expansion: Can change hours to accommodate bar patrons on weekends, add new items, and expand catering.  
   
Competition: Many different food operations in this downtown area but Seller has great location across from a train station, which services many commuters.  
   
Owner willing to finance: Three year payout at Prime + 2%  
   
Owner willing to train: Two weeks  
   
Reason for selling: Does not like the food industry, wants to go back to construction  
 

 

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