BBQ Restaurant with Real Estate
Warren County, New Jersey
Asking Price: |
Gross: |
Cash Flow: |
$375,000 |
$375,000 |
$54,511 |
Furniture and Fixtures Value:
$75,000 (included in the asking price)
Real Estate:
$295,000 (included in the asking price)
Business Summary:
Real Estate goes with this BBQ concept restaurant that is growing in sales. Perfect opportunity to get away from landlord. Still relatively new start up has the potential to double its gross sales in one year by opening for breakfast, opening on Tuesdays and starting of delivery service. Constant demand for all by area residents. This place is unique as an owner landlord the availability of next mall’s parking would be available to owner. Place recently rebuilt from fire with all new equipment and furnishings. BBQ concept is in demand now and the place is only one in the entire area. BBQ delivery catering has a great demand today and again this facility stands alone in the category, menu is easy to handle and is pleasing to customers. Prices are in line with today’s recessionary drain; fulfillment at inexpensive price pork being main product. This is an easy business to run and watch profits expand. For further information, please contact 908-851-9040 Ext. 285.
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Year
Business was Established: 2005 |
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Number of Employees:
6 |
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Facilities / Terms of Lease:
1,325 sq. ft. restaurant building recently rebuilt with new furnishings and equipment – parking available for over 100 cars |
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Potential
Growth/Expansion:
Opening Tuesday and as stated above, opening for breakfast and starting delivery service |
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Competition:
Only BBQ restaurant in area can double business by opening for breakfast and starting delivery service – only option from pizza deliveries |
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Owner
willing to finance:
Assumption of $145,000 SBA Loan at 5.9% |
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Owner
willing to train:
Two weeks |
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Reason for selling:
Pending divorce |
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REQUEST MORE INFO |
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