MergerPlace

Middle East Restaurant & Hookah Bar

New Jersey (Passaic)


  • Asking Price: $89,000
  • Gross Income: $312,000
  • Cash Flow: $65,920
  • Real Estate: Not Disclosed
  • Inventory: $1,500
  • FF&E: $55,000
  • Listing ID: #209281
  • Established: 1998
  • Employees: 2F/T 1P/T

Business Description

Authentic middle eastern food with hookah bar and lots of potential by adding social media delivery service, on main thoroughfare with heavy food traffic.


Business Details

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

Company Information

Year Established: 1998
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 2F/T 1P/T

Financial Information

Asking Price: $89,000
Gross Revenue: $312,000
Cash Flow: $65,920
FF&E: $55,000
Inventory: $1,500
Seller Financing Available: No

Property Information

Facilities:

1,500 sqft, street parking, 2 years equipment and furnishing in very good condition, inside seating, backyard type seating covered, side walk seating covered in very good shape

Growth & expansion opportunities:

By adding social media, delivery services such as Ubereat, Eat 24, Delivery, Grubhub, Etc.

Competition:

A few around but each has specialty and ambiance

Reason for selling:

Seriously ill

Support & Training:

2 weeks

Contact Business Seller

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Business Listed By:

Solomon Sasson

Executive Business Brokers