Make Huge Profits from Low Lease
Bergen County, New Jersey
Asking Price: |
Gross: |
Cash Flow: |
$299,000 |
$726,811 |
$205,013 |
Business Summary:
LEASE, LEASE, LEASE within this Bergen County Epicurean Center there is a fine restaurant possessing a long lease of outrageous value. This lease is possibly 50% less than most of its competitors. The lease belonging to this noted facility of 2,200 sq. ft. plus basement is for $4,500 per month. Sales of $726,811 have been constant in recent years. A Chef or experienced Restaurateur can shake up this renowned community with this multi-year lease. A good operator with this lease in their possession (seats 78 inside, 12 outside) can make phenomenal profits for a wise operator for years. Owners receive $137,670 salary taken from payroll increasing cash flow of restaurant. LEASE.
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Year
Business was Established: 11 |
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Number of Employees:
9 |
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Facilities / Terms of Lease:
Finding a lease in the area would be hard to duplicate. 2,200sqft seats 78 inside 12 outside. |
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Potential
Growth/Expansion:
Achieving recognition and with low operation cost this facility can go to the financial top. |
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Competition:
Town is covered with great many good restaurants of various themes. This opportunity with this lease can become a large competitive advantage. |
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Owner
willing to finance:
With a new comer processing a lease such as this owner would be motivated to pay all cash. |
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Owner
willing to train:
Two weeks |
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Reason for selling:
After years in service field owner wish to go in another direction |
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REQUEST MORE INFO |
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