Restaurant / Diner / Banquet Facility For Sale

www.GlobalBX.com

Listing ID: 700139288

Listing Title: Restaurant / Diner / Banquet Facility For Sale

Quick Link: http://www.globalbx.com/listing.asp?bId=139288

Industry: Food and Beverage

Industry Segment: Restaurants and Fast Food (Non-Franchise)

Country: United States

State / Province: New Jersey

Area

City:

Asking Price Range: < $250K

Gross Revenues: $775,000

Cash Flow: $75,000

Cash Flow Type: Sellers Discretionary Cash

Year Established: 2000

Number of Employees: 10 - 19

Business Description:
PRICE GREATLY REDUCED - ABSENTEE OWNER MUST SELL! Excellent Location! If you have experience in food service and are looking for a great opportunity to own a full service diner, this is the business for you. GENEROUS SELLER FINANCING. This well known diner has an excellent history of revenues. It has seating for 120 and boasts a large private banquet room. Recently updated with new roof, flooring, tile, bathroom, wall coverings, and some equipment. There is a very loyal customer base who enjoys breakfast, lunch and dinner. Open 24 hours. Located on busy road, near highway, and across from military base. Gross revenues approximately $750,000 / year with potential to exceed $1M through better management and marketing. Current owners are absentee and are not experienced in the food service industry.



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