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If you are looking to buy a business or sell a business, GlobalBX can help you. GlobalBX is a free business for sale listing exchange that provides a confidential forum to facilitate the buying and selling of businesses with thousands of businesses and franchises for sale as well as comprehensive business information for business buyers and business sellers. Buy a business, sell a business, find a franchise for sale or franchise opportunity at GlobalBX. Click Here to access GlobalBX's full site.

Businesses For Sale   >>   Food and Beverage Businesses For Sale Categories   >>   

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Italian Luncheonette For Sale

Location  New Jersey,United States
Asking Price Range  < $250K
Gross Revenues  $500000
Net Profit / Cash Flow  $100000
Cash Flow Type  EBITDA
Seller Finance  Yes
Year Established  1980
Number of Employees  6 - 9
Inventory  150000 Equipment & 1500 Inventory
Relocatable  No
Number of Employees  6 - 9
Real Estate  Leased
Training  The seller will remain thirty days after closing and supply a long term transitional period.
Reason for Sale  Retiring after many successful years in this particular industry.
Description  Great opportunity for this high volume five day luncheonette business minutes from a local active airport. This luncheonette restaurant is in a commercial area of Northern New Jersey, Bergen County. This profitable restaurant has limited hours from 6:30 am to 4:30 pm, produces a gross yearly income of $500,000 and a consistent net income of (SDI) $100,000. The facility is free standing with private parking and a seating capacity for sixty five (65) customers and 1,950 square feet. The facility is clean modern with a pleasant image and a quality reputation in the area. The seller is retiring after years in this industry, will train and finance the sale to a qualified buyer. Located in a highly active commercial industrial area close to numerous businesses, a local airport and various county road and state highways. The business is also nearby various retail shopping areas with a large number daily shoppers and workers. The facility consists of 1,950 square feet in an attractive free standing building with a seating capacity for approximately sixty five customers. The business has a clean modern appearance which has been upgraded during the past few years.
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