Restaurant And Grill For Sale
Location New Jersey,United States
Asking Price Range $500K - $1.0M
Gross Revenues $1200000
Net Profit / Cash Flow $252800
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2005
Number of Employees 10 - 19
Relocatable Not Disclosed
Number of Employees 10 - 19
Real Estate Leased
Training Seller will train
Reason for Sale Personal
Description Restaurant & Liquor License For Sale. This is an extremely well known restaurant with outdoor seating located in a busy shopping mall. The clientele is diverse, coming from drive by traffic or from one of the many surrounding neighborhoods. Parking is plentiful, building and landscaping are very well maintained. This would be an easy place to come in and take over or turn into whatever you desire. Currently the place is grossing $1.2million with absentee owners that have zero experience in the restaurant business. The current owner is overwhelmed and not able to control the service despite the success this place is having among the local patrons. This place easily has the potential to do $2.5 million. Owners are consumed with their other non-related business and are eager to sell this restaurant. If interested and serious, will work with you on financing. Full financial disclosure will be made available to serious qualified buyers with proof of funds. Contact broker ...Joe DiBello at 631-265-7300 or 1877-735-5224
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