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Restaurant

New Jersey

Asking Price: Gross: Cash Flow:
$900,000 Undisclosed Undisclosed

Business Summary:
Ideal site located on the only major corridor connecting Mid Ocean county region to Philadelphia and the New Jersey Turnpike. Located on 1.9 acres with 5,080 sf of near clear span, stand alone building. This site has tremendous opportunity for development. Paved clean site with potential for any type of restaurant. The restaurant is located in Manchester Township. Township has the highest concentration of senior citizens in New Jersey with substantially lower property taxes due to lack of schools. 83% of population is over 65 years old. Site has tremendous development potential with very high commuter traffic count. Recently reduced purchase price of 985,000 includes restaurant, 1.9 acre improved site, and Planary Retail Type C liquor license. Owner willing to sell license only, site only, or do ground lease. ***Owner willing to finance up to 100% for qualified buyers***.For further information, please contact (732) 598-8282.

 
   
   
Year Business was Established: 1990
   
Number of Employees: 2FT/2PT  
   
Facilities / Terms of Lease: Restaurant on very bust East/West Corridor. 5,080 on floor with seating for 100+.  
   
Owner willing to finance: seller financing available  
   
Reason for selling: other business interest  

 

 

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