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Famous Hot Dog Establishment/Restaurant/Diner

Union County, New Jersey

Asking Price: Gross: Cash Flow:
$385,000 $442,000 $171,314

Furniture and Fixtures Value:
$108,000 (included in the asking price)

Inventory Value:
$2,000 (included in the asking price)

Business Summary:
Famous hot dog establishment “40 years” Great Reputation in tri state area. Lots of foot traffic, ample parking. Owner will hold note. Clean store seating 55 +. New corporate office just built 50 + suites corporate lunch crowd. Motivated seller!

 
   
   
Year Business was Established: 2006
   
Number of Employees: 1FT & 5PT  
   
Facilities / Terms of Lease: 2200 sq.ft. store, tables, chairs, long lease in place.  
   
Potential Growth/Expansion: New corporate building being built lots of potential for growth.  
   
Owner willing to finance: 260,000 payable over 8 years at 8%  
   
Owner willing to train: Owner will stay on for a two week period of time  
   
Reason for selling: Other business oppurtunity  
 

 

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