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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