MergerPlace

Impeccable Profitable Latin Restaurant

Chatham, New Jersey (Morris)


  • Asking Price: $120,000
  • Gross Income: $175,000
  • Cash Flow: $53,420
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: Not Disclosed
  • Listing ID: #213610
  • Established: 6
  • Employees: 3

Business Description

This is an attractive and established, profitable Latin American motif restaurant with a varied and comprehensive Latin American menu that customers always enjoy and return to repeatedly. Seating is provided for 40 customers. In addition to being an attractive restaurant the owner has added the following equipment within the last year: refrigerators $2,000, rotisserie $10,000, water heater $1,700, seating $3,000 and a new freezer $700. $3,000 has been invested in the buildout improvements. The restaurant enjoys the benefit of the ongoing advertising


Business Details

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

Company Information

Year Established: 6
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 3

Financial Information

Asking Price: $120,000
Gross Revenue: $175,000
Cash Flow: $53,420
Seller Financing Available: No

Property Information

Facilities:

Attractive, in excellent condition and up to date.

Growth & expansion opportunities:

Owner and staff have provided total dedication toward excelling in their space. All that is needed is to continue with the total dedication to excellence

Competition:

This is the leading Latin American motif restaurant in the city. The menus are absolutely superior and complete

Reason for selling:

Owner relocating

Support & Training:

High-quality, excellent instruction will be provided as desired by the new owner.

Contact Business Seller

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Business Listed By:

Larry Bodner

Executive Business Brokers