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Businesses For Sale   >>   New Jersey Businesses For Sale Categories   >>   

Luncheonette In Office Building

Location  New Jersey,United States
Asking Price Range  < $250K
Gross Revenues  $185000
Net Profit / Cash Flow  $65000
Cash Flow Type  EBITDA
Seller Finance  Yes
Year Established  1980
Number of Employees  1 - 3
Inventory  65000 Equipment & 1200 Inventory
Relocatable  No
Number of Employees  1 - 3
Real Estate  Leased
Training  The seller will supply a full training period to the new operator.
Reason for Sale  Retiring after many successful years in the retail industry.
Description  Luncheonette Deli business located in a commercial office building in Hudson County, NJ. The building is in close proximity to a major Convention Center. The business operates five days per week from 6:30 am to 3:00 pm. The rent is very reasonable and most expenses, such as utilities, water, waste, snow removal, maintenance, etc are covered by the complex management. The business generates a solid gross income and provides a consistent net profit to the owner. This location can be further developed by increasing the operating hours and opening on Saturdays to service the convention center. Also, due to the amount of commercial offices a significant amount of catering is available for implementation. The facility consists of 1,800 square feet located in a large office building and major commercial mall. The facility has a modern kitchen and a very clean image. All equipment is modern and well maintained. The business is located in a large office building of a commercial mall which consists of numerous businesses, theaters, commercial stores and a major convention center.
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