Retail - Other Eating & Drinking Places | Retail - Restaurants

$Seller Financing Available

Asking Price	$285,000	Inventory	$15,000**
Gross Income	$600,000	Real Estate
Cash Flow	$85,000	Year Established	2001
FF&E	$125,000*	Employees	7

* included in the asking price

** not included in the asking price

A busy Luncheonette business located near a major, highly transited train station in northern New Jersey. The business is conveniently accessible, with the train station in the center of town and thousand of daily train travelers who require food service. The business is essentially a seven day operation with a small seating area which serves breakfast & lunch all day and also does catering with deliveries. The business produces a solid annual income of $600,000 which can be further increased with a new, experienced owner. The opportunity offers a long term lease with all equipment in excellent working condition. This is a great opportunity to own a well established food business in a Prime Location!

Facilities: The facility is 1,100 square feet with many other commercial businesses in the nearby area. The business has an indoor seating capacity for 23 customers and additional seating in public areas of the train station. An existing long term lease with approximately 15 years remaining is available for transfer. Annual rent is $106,000.

Competition: This business is located in a prime area and best possible commercial location of New Jersey. The business has very little similar competition.

Growth/Expansion: An increase in sales can be acquired by developing the catering business and with further promotion. by adding a liquor license and lotto, the business can also improve further.

Seller Financing Available: Yes

Support/Training: Seller will provide a complete review period.

Reason Selling: Relocating