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Middle East Restaurant & Hookah Bar

New Jersey

Asking Price: Gross: Cash Flow:
$89,000 $312,000 $65,920

Furniture and Fixtures Value:
$55,000 (included in the asking price)

Inventory Value:
$1,500 (included in the asking price)

Business Summary:
Authentic middle eastern food with hookah bar and lots of potential by adding social media delivery service, on main thoroughfare with heavy food traffic.

 
   
   
Year Business was Established: 1998
   
Number of Employees: 2F/T 1P/T  
   
Facilities / Terms of Lease: 1,500 sqft, street parking, 2 years equipment and furnishing in very good condition, inside seating, backyard type seating covered, side walk seating covered in very good shape  
   
Potential Growth/Expansion: By adding social media, delivery services such as Ubereat, Eat 24, Delivery, Grubhub, Etc.  
   
Competition: A few around but each has specialty and ambiance  
   
Owner willing to finance: $39,000 for 2 years no interest  
   
Owner willing to train: 2 weeks  
   
Reason for selling: seriously ill  
 

 

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