Highly Profitable Diner In A Great Location!
Not Disclosed, NJ Essex County
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- RE: Highly Profitable Diner In A Great Location!
- Contact: Howard Goldberg
Quick Facts
| Asking Price: | $1,900,000 | |
| Annual Revenue: | $2,580,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $475,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $30,000 | |
| Real Estate: | $1,300,000 | |
| Year Established: | 2005 | |
| Employees: | 18 | |
| BBN Listing #: | 946046 | |
| Broker Reference #: | 23114HG |
Business Overview:
Very clean and nice looking diner on a main street. Seats 130. Payroll has been adjusted for a new owner operator, currently a high payroll with five family members. Figures are for purchases of the business with option to buy the real estate.
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Property Features and Assets:
5,000 square feet, 130 seats, 25 parking spots, includes a basement of 1,500 square feet, established since 2005. Opened 7 days a week from 7am-9pm.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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