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Restaurant

Essex Co., New Jersey

Asking Price: Gross: Cash Flow:
$399,000 $700,000 $250,000

Furniture and Fixtures Value:
$85,000 (included in the asking price)

Inventory Value:
$15,000 ( not included in the asking price)

Business Summary:
Very nice, clean 2,350 sq. ft. restaurant, seating 100 on a very busy street. Owner invested over $300,000 to build- has over $85,000 in furniture, fixtures, and equipment. Business has a very good lease at $3,700 per month total. These figures are projected for total 1st year of sales. Currently business doing $15,000 a week in sales-open for breakfast and lunch. 6 days currently

 
   
   
Owner willing to finance: 2-3 years at prime + 2%  
   
Owner willing to train: 2 weeks  
   
Reason for selling: Partnership problem  
 

 

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