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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.

 
   
   
Year Business was Established: 11
   
Number of Employees: 9  
   
Facilities / Terms of Lease: Finding a lease in the area would be hard to duplicate. 2,200sqft seats 78 inside 12 outside.  
   
Potential Growth/Expansion: Achieving recognition and with low operation cost this facility can go to the financial top.  
   
Competition: Town is covered with great many good restaurants of various themes. This opportunity with this lease can become a large competitive advantage.  
   
Owner willing to finance: With a new comer processing a lease such as this owner would be motivated to pay all cash.  
   
Owner willing to train: Two weeks  
   
Reason for selling: After years in service field owner wish to go in another direction  

 

 

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