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Popular Diner - Only $100K Down Needed!

Morris County, New Jersey

Asking Price: Gross: Cash Flow:
$250,000 $572,000 $143,600

Furniture and Fixtures Value:
$160,000 (included in the asking price)

Inventory Value:
$6,000 ( not included in the asking price)

Real Estate:
$0 ( not included in the asking price)

Business Summary:
Popular Diner for Sale.Seller Financing Available. Only $100K down is needed to buy this Incredibly popular & successful 50-seat Diner that has been at the current location for 25 years.Delicious food, great reviews & located in a popular shopping center with tons of parking. A new owner will be set up for success with the existing clientele, excellent online reviews, brand-new equipment & an established structure that has been a proven winner for 25 years.

 
   
   
Year Business was Established: 1997
   
Number of Employees: 4 FT/8 Pt  
   
Facilities / Terms of Lease: 50-seat Diner with new equipment conveniently located in a popular shopping center with tons of parking. The rent is $3,700 per month. Everything you need is ready to go.  
   
Potential Growth/Expansion: Additional marketing.  
   
Competition: Limited competition makes this Diner a must-have for a new owner.  
   
Owner willing to finance: $100K down/$150K over 60 mos. @ 7%.  
   
Owner willing to train: Will train for 2 weeks @ $0 cost.  
   
Reason for selling: The owner is retiring after 25 successful years at the location due to health reasons.  
 

 

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