BBQ Restaurant on Main NJ Road with Own Parking

Asking Price$269,900

Cash Flow
$102,611
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$888,626

Inventory$5,000
Included in asking price
FF&ENot Disclosed

listing imageSave

BBQ Restaurant on Main NJ Road with Own Parking


Asking Price$269,900

Cash Flow
$102,611
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$888,626

Inventory$5,000
Included in asking price
FF&ENot Disclosed

Business Description
This BBQ restaurant is a solid investment, especially given the great visibility and large parking lot that can attract a lot of traffic and is convenient for customers. There is no aggravation searching for parking at this business. The fact that the business has been around for 24 years shows it has a strong customer base and is well-established in the community.
There has been road construction on the road near the business . Customers have to go down a few blocks to make a U-Turn to get to the business. This has been an issue but is a temporary one.Once the construction ends, the restaurant is positioned for growth in both revenue and profits. With the added opportunity to invest before the roadwork is fully done, there’s potential for the new owner to capitalize on the restaurant's visibility and reputation at a discounted price.

There are two BBQ places within a 15 minute drive. One is about 4 miles away (10 minute drive) and the other is 8 miles away (15 minute drive).
Fill out the NDA and Buyer Profile, review the Confidential Information Memorandum and meet the owner and see what a special place this restaurant is.
About the Business
Years in Operation
5
Facilities & Assets
This free standing building is 3,000 square feet with its own parking lot.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
3,000
Rent
Not Disclosed
About the Sale
Seller Motivation
buying bar
Transition Support
2 weeks
Listing Info
ID
2332597
Listing Views
1450

Contact Seller

By clicking the button, you agree to BizQuest's Terms of Use and Privacy Notice.

Business Listed by: Richard Collins TransWorld Business Advisors

Listing ID: 2332597 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 of Use. Learn how to avoid scams.


Similar Listings