Well Known 24-Year-Old Kosher Restaurant
Not Disclosed, NJ Middlesex County
Asking Price:
$399,000
Annual Revenue:
$1,336,556
Request More Information Contact the Seller
- RE: Well Known 24-Year-Old Kosher Restaurant
- Contact: Elliot Dweck
Owner Financing is Available!
Owner Terms: $225,000.00 Interest: 8% Term Months: 24 Monthly Payment: $10,176.00
Quick Facts
| Asking Price: | $399,000 | |
| Annual Revenue: | $1,336,556 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $303,753 | |
| Total Debt: | Not Disclosed | |
| FF&E: | 50,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2000 | |
| Employees: | 9 | |
| BBN Listing #: | 13064169 | |
| Broker Reference #: | 189597-232148 |
Business Overview:
Very successful Glatt Kosher deli and catering business with an outstanding reputation built over the last 24 years. The business generates $1.3M in total sales with over $300K in profit. The catering portion of the business is very lucrative as they are well known in the community and have many repeat customers for weddings, Bar Mitzvahs and corporate events. The restaurant is located in an upscale neighborhood and has a below market lease. The owner will finance up to 50% for qualified buyers and the price includes $50K in catering equipment.To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
Property Features and Assets:
Monthly Rent:$2,945.00; Square Units (Foot, Meter): 2,000; Lease Expiration Date: December 30, 2025, 9:00:00 PM.Reason for Selling:
RetirementAdditional 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
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