Prime Location Classic American Restaurant doing $14,000 a Week in NJ

Asking Price$275,000

Cash Flow
$130,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$728,000

Inventory$7,000
Not included in asking price
FF&E$10,000
Included in asking price
Real EstateNot Disclosed

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Prime Location Classic American Restaurant doing $14,000 a Week in NJ


Asking Price$275,000

Cash Flow
$130,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$728,000

Inventory$7,000
Not included in asking price
FF&E$10,000
Included in asking price
Real EstateNot Disclosed

Business Description
( Profitable restaurant business with great growth potential!)
Classic American fast-food restaurant has just come in the market within Middlesex County, New Jersey. This is a great location that stands as one of the prominent dining spots for full service breakfast, lunch and dinner that offers hamburgers, grilled chicken sandwiches, cheesesteaks, hot dogs, fries, ice-cream and milkshakes. They are famous for american diner-style items and desserts.This restaurant has foot traffic all day long with customers from within the shopping center. This location features great indoor and outdoor seating to enjoy meals,also has unlimted parking space available. The business is supported by an experienced and dedicated team of staff, who are committed to staying with the restaurant. Currently this location does more than $14,000 a week in sale with net cash flow of $130,000 to $140,000 annually. Current owner is planning to retire. PLEASE NOTE: In order to show the location, potential buyers will sign NDA with Photo ID and valid P.O.F. No co-brokering, please .
Do not miss this great opportunity!!
Please call to discuss ........................(732) 896-1037
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We are always in search of quality businesses for our buyers. If you're a business owner thinking of selling your business, please email or contact us : teddminbb@gmail.com, please contact Teddmin@ 1-732-896-1037.
About the Business
Years in Operation
10
Employees
9 (6 Full-time, 3 Part-time)
Facilities & Assets
Assets include all equipments that includes hood, walk in cooler, freezers, furniture & fixtures, POS system
Website
https://www.bizbuysell.com/brokers/Listings/
Opportunities for Growth
Great growth potential, Increase by utilizing the advertising media to grow sales. Minimal advertising is done now
About the Sale
Seller Motivation
Retiring after 25 years
Transition Support
Seller will provide complete training and support, all the trained staff is willing to stay
Listing Info
ID
2424287
Listing Views
20

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Business Listed by: Sanjay Gupta Tedd Min LLC

Listing ID: 2424287 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.


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