Profitable Eye Catching Diner
Location New Jersey,United States
Asking Price Range $500K - $1.0M
Gross Revenues $988000
Net Profit / Cash Flow $4447400
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2006
Number of Employees 1 - 3
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Leased
Training Yes.
Reason for Sale Personal.
Description Second owners of a recently renovated diner. Incredible 35 year lease! This is a long established NJ diner. The result is an impeccably designed and decorated 5000 sq ft. dining establishment, with capacity to seat close to 200 patrons. This is a very profitable, busy diner owing to its clean, comfortable interior, great food, attractive facade and most significantly, its location on one of New Jersey's best known and busiest highways. Gross sales in excess of $20k per week net owners close to $450k annually. However, new owners (experienced restaurateurs) will be able to increase gross revenues by at least 25% with better handle on labor costs and general oversight of operation. This is an eye-catching, money maker in a prime location in the diner capital of the world! Call ASAP to discover why new owners will reap significant financial benefits as a result of present owners need to sell this beautiful, profitable New Jersey diner. Seller is exceptionally eager to sell. Let's negotiate a price and move right in. For more information please email or contact Lee.
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