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Diner

Morris County, New York

Asking Price: Gross: Cash Flow:
$900,000 $1,664,000 $192,460

Furniture and Fixtures Value:
$150,000 (included in the asking price)

Inventory Value:
$20,000 ( not included in the asking price)

Business Summary:
65 seat diner in busy west side. Open 24 hours 6 days a week. FFE valued at 250k. Owner has other business and can not give his full attention. Will only consider experienced restaurant people. For further information regarding this listing, please contact Vincent Stagliano at 908-851-9040 Ext. 270.

 
   
   
Year Business was Established: 2004
   
Number of Employees: 14  
   
Facilities / Terms of Lease: Busy diner NYC. 3,000 sq. ft. furniture, fixture and equipment valued at $150,000.  
   
Potential Growth/Expansion: Can be open 7 days  
   
Owner willing to finance: Prime + 2%  
   
Owner willing to train: 1 month  
   
Reason for selling: Other business interest  
 

 

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