Replace Chef make over 180k making meatballs
Hudson County, New Jersey
| Asking Price: |
Gross: |
Cash Flow: |
| $99,000 |
$465,000 |
$128,416 |
Furniture and Fixtures Value:
$45,000 (included in the asking price)
Inventory Value:
$5,000 (included in the asking price)
Business Summary:
Fantastic opportunity for chef/ meatball maker, owner to get involved and make close to $50K additional in profits added to show bottom line place operates mostly absentee. This well-known establishment does have sales broken down quite evenly restaurant/ catering delivery and meatball sales. Recently redone with every unit in working order. Hard to conceive why owner wants out. His other venture is generating sales beyond expectation and he is now planning to expand into several states. This locally well-known catering operation can bring to new chef owner profits in excess of $175K. Receive benefits of ownership of this business with only $50K down. Good concept can be franchised.
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| Year
Business was Established: 31 |
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| Number of Employees:
6 |
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| Facilities / Terms of Lease:
Recently redone, street parking, all kitchen item, fixtures and furnishings in top shape, 5 year lease w/ new owner able to get a new lease to his satisfaction. |
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| Potential
Growth/Expansion:
Coupons and advertising. Keep feeding off its quality reputation. |
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| Competition:
This place because of its catering reputation stands above others in the same category
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| Owner
willing to finance:
Owner will give 2 year payout |
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| Reason for selling:
Owner has 2nd business, can no longer give this business any attention. |
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| REQUEST MORE INFO |
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