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Breakfast Lunch Grill in Busy

Passiac County, New Jersey

Asking Price: Gross: Cash Flow:
$105,000 $325,000 $28,950

Furniture and Fixtures Value:
$90,000 (included in the asking price)

Inventory Value:
$4,000 (included in the asking price)

Business Summary:
Excellent opportunity for experienced owner operator to turn this local favorite into a Gold Mine. Expanding menu and adding deliveries will add substantial revenue. Very clean, seating 45+ including a very large parking lot for 30+ cars. Equipment and furnishings valued at $90,000, is in excellent condition. Restaurant is currently run 100% absentee. Truly a unique situation for the right person. Breakfast and lunch ONLY, no dinner. Contact Ray Marrero for further information. Call 908-851-9040 Extension 284.

 
   
   
Year Business was Established: 2001
   
Number of Employees: 5PT  
   
Facilities / Terms of Lease: 1,900 sq. ft. southwest Décor, seating 45+. Parking for 30+ cars. Very clean, equipment and furniture valued at $90,000 in excellent condition included in price. $3,000 per month 5 years + 5 year option.  
   
Potential Growth/Expansion: Expand menu, outside seating available  
   
Competition: No competition in immediate area, industrial area  
   
Owner willing to finance: 50% down balance 5 years @ 8%  
   
Owner willing to train: Negotiable  
   
Reason for selling: Other business interest  
 

 

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