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Impeccable, up to date and quite Profitable Latin Restaurant

Chatham, New Jersey

Asking Price: Gross: Cash Flow:
$45,000 $175,000 $53,420

Business Summary:
This is an attractive and established, profitable Latin American motif restaurant with a varied and comprehensive Latin American menu that customers always enjoy and return to repeatedly. Seating is provided for 40 customers. In addition to being an attractive restaurant the owner has added the following equipment within the last year: refrigerators $2,000, rotisserie $10,000, water heater $1,700, seating $3,000 and a new freezer $700. $3,000 has been invested in the buildout improvements. The restaurant enjoys the benefit of the ongoing advertising

 
   
   
Year Business was Established: 6
   
Number of Employees: 3  
   
Facilities / Terms of Lease: Attractive, in excellent condition and up to date  
   
Potential Growth/Expansion: Owner and staff have provided total dedication toward excelling in their space. All that is needed is to continue with the total dedication to excellence.  
   
Competition: This is the leading Latin American motif restaurant in the city. The menus are absolutely superior and complete  
   
Owner willing to train: High-quality, excellent instruction will be provided as desired by the new owner.  
   
Reason for selling: Owner relocating  

 

 

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