Northern NJ BBQ Restaurant for Sale

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Popular Local Restaurant Northern NJ
Asking Price:
$149,900

Gross Revenue:
$500,000
Cash Flow:
$75,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$1,000
included in asking price

FF&E:
$35,000
included in asking price

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Business Description

Up for sale, busy BBQ restaurant, in N NJ. Seats 36. Opened in 2013. Remodeled in 2014.

Totally a turn-key operation. Highly populated area with apartments, condos, etc.

Seller is offering financing with 50% down. Includes unique $10,000 smoker!

Call me with serious interest......David Meislin......315-725-4520.

About the Business

Year Established:
2013
Number of Employees:
2 P/T
Real Estate:
Leased
Building Sq. Ft.:
1,600
Rent:
$1.66 Per Month
Lease Expiration:
11/1/2019
Facilities:
Lease ends in November and has a 5 year option. Rent is $2650 a month or $1.66 per sq ft.
Growth & Expansion:
Could easily open for breakfast.
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About the Sale

Reason For Selling:
Moving to Brooklyn.
Training/Support:
Sellers are willing to fully train.
Seller Financing:
Will finance with 50% down.

Listing Info

ID:
1590340
Ad Detail Views:
0

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Business Listed by

David Meislin

Business Brokers of America

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U.S. Census Data for Union County, NJ
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Source: Decennial Census (2010), United States Census Bureau.

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U.S. Community Survey Data for Union County, NJ
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Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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