Very Profitable Restaurant Business For Sale
www.GlobalBX.com
Listing ID:
700220409
Listing Title:
Very Profitable Restaurant Business For Sale
Quick Link:
http://www.globalbx.com/listing.asp?bId=220409
Industry:
Food and Beverage
Industry Segment:
Restaurants and Fast Food (Non-Franchise)
Country:
United States
State / Province:
New Jersey
Area
City:
Lake Hopatcong
Asking Price Range:
< $250K
Gross Revenues:
$70,000
Cash Flow:
$40,000
Cash Flow Type:
Sellers Discretionary Cash
Year Established:
2011
Number of Employees:
1 - 3
Business Description:
The restaurant is currently a fully operating hot dog and sandwich restaurant serving 300-400 customers weekly from October-March and serving 400 to 500 customers weekly from April to September. The business is debt free, no loans or leans. All certificates are current, valid and satisfactory.
Open every day, does great business, outdoor events, local catering and holiday catering to food trays and platters. Good people, good food, located on one of the busiest main roads in the area. If you're good with people then no limits where you can go with a food business in this location. This business can be owner/operator or you can have a good worker, it basically runs itself. Make your own menu, food, serve it and collect the money, simple and easy. Restaurant currently seats for 12 including 4 window seats.
Currently open 9 hours a day and 7 days a week. Approximately 80% take out and 20% eat-in. Great landlord, you can go from 1 year to 10 year on the lease with any options. Approximately 825 square feet, has office, 2 bathrooms. Great place! We have wonderful existing and new customers every day. When you buy, you would open as Under New Ownership.
Cash flow doesn't including money generated from the many outside catered events. You are buying a well-known, profitable, and efficiently run business in a very supportive community!
INCLUDES: All equipment, all furniture, all local event opportunities, all utensils, registers, cc machine, phones, freezers, metro racks, all surveillance and camera system, all sign boxes interior and exterior, 5x8 trailer with 2 outdoor grills.
NEGOTIABLE - Purchase price of $85K with owner financing /holding a note, with a down payment of $40K, with a 7 term, at 5%. That puts the monthly payment at $658
Contact me with any questions, comments and dates available to visit the business. Also, send all offers and/or propositions to the email.
The first performing buyer gets this turn-key cash flowing business!
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