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Busy Restaurant in Prime location being sold well below market

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Bergen Co., NJ   |  Food and Beverage Businesses for Sale – Other Food and Beverage Businesses for Sale

Business Description

This restaurant has a very low rent and the buyer can negotiate a long lease. It is a corner location with plenty of parting all around. It is metered parking but costs 50 cents for an hour. Max hours 3 hours.

About the Business

Year Established:
2003
Number of Employees:
5
Facilities:
This restaurant is being sold well below its market value, as the owner wishes to move South. It is in a prime location with plenty of parking. It has high visibility and is near a train station
Market Outlook/
Competition:
It is a large restaurant with plenty of seating. Competition is normal. The lease does not allow for a Chinese, Italian or French restaurant to operate in the location. It is currently a mid-Eastern restaurant.

About the Sale

Reason For Selling:
Owner wishes to leave the state and move closer to relatives
Training/Support:
Owner will stay and train
Seller Financing:
Financing available depending on credit worthiness of buyer

Listing Info

BizQuest Listing ID:
1075551
Ad Detail Views:
333
Asking Price:
 N/A
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Gross Revenue:
 N/A
Cash Flow:
 N/A
Inventory:
 N/A
FF&E:
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Real Estate:
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Business Listed by
Terence Pires
Seripco Inc
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U.S. Census Data for Bergen County, NJ
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Source: Decennial Census (2010), United States Census Bureau.

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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms & Conditions.