5000 new jobs by the end of the year
Union County, New Jersey
| Asking Price: |
Gross: |
Cash Flow: |
| $475,000 |
$566,000 |
$149,002 |
Furniture and Fixtures Value:
$150,000 (included in the asking price)
Inventory Value:
$40,000 ( not included in the asking price)
Business Summary:
For this Italian Restaurant the best days are the close future. Located close to the present facilities is one of America’s top 50 companies. 5000 higher end employees are to be added to adjacent company campus by the end of this year. This will accelerate growth to point where gross volume will double by end of calendar year, Present owner going ahead with plans to introduce personal pizza’s and develop outside seating with all-weather bar (seating for 100), and Food here is great taking away business from some of the highly recommended places throughout the STATE. Liquor License $120K.
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| Year
Business was Established: 1984 |
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| Number of Employees:
10 |
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| Facilities / Terms of Lease:
Parking lot in front setting for 100 inside plus bar/ outside will be set up for 100 plus bar. Place kept updated and in repair. |
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| Potential
Growth/Expansion:
Open Mondays, imperative 5000 new jobs to be coming next door within walking distance of this location. “High Salary JOBS” can start walk delivery to new growing adjacent campus of a DOW / S & P top 50 company in the US. |
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| Competition:
Plenty of restaurants in this town this place is now pulling away business from all of them because of the quality and portions of food. |
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| Owner
willing to finance:
Owner would accept major portion of selling price as financial. |
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| Owner
willing to train:
Two weeks |
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| Reason for selling:
Owner’s wife and daughter left facility; present owner cannot cope with lifestyle. |
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| REQUEST MORE INFO |
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