MergerPlace

Restaurant

New Jersey (Morris)


  • Asking Price: $175,000
  • Gross Income: $750,000
  • Cash Flow: $151,000
  • Real Estate: Not Disclosed
  • Inventory: $4,000
  • FF&E: $80,000
  • Listing ID: #202507
  • Established: 2
  • Employees: 3FT 8PT

Business Description

Owner/Operated turnkey American Restaurant available in an affluent, walkable downtown in Morris County, NJ. Restaurant and Market that does sandwiches for lunch prepared meals to go and catering. Market represents 35% of total sales. The Restaurant seats 44 and also has a full basement with ample storage including a walk in refrigerator, walk in freezer and a climate controlled office. All kitchen equipment is less than 2 years old. Great opportunity for a Chef/Owner to keep concept or make it your own! Contact for more info.


Business Details

Primary Business Category: Retail Trade - Food & Beverage Stores
Location: New Jersey
County: Morris

Company Information

Year Established: 2
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 3FT 8PT

Financial Information

Asking Price: $175,000
Gross Revenue: $750,000
Cash Flow: $151,000
FF&E: $80,000
Inventory: $4,000
Seller Financing Available: No

Property Information

Facilities:

10 indoor tables, 50 seats; 4 outdoor tables, 16 chairs; counter around kitchen, 10 seats; walk-in freezer, walk-in refrigerator; all equipment less than 2 years old; lease term 3 years + 2 (5) years.

Growth & expansion opportunities:

Expand hours

Reason for selling:

Wants to spend time with family

Contact Business Seller

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Business Listed By:

Mitchell Kaplan

Executive Business Brokers