Fried Chicken @ Weiners

Union County, NJ

Seller Financing Available
Fried Chicken @ Weiners

Asking Price:$120,000

Cash Flow:$65,000

Gross Revenue:$280,000

EBITDA:N/A

FF&E:$65,000

Inventory:$2,000*

Established:10

*not included in asking price.

Fried Chicken @ Weiners

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Business Description

Same Owner for 10 years; a great deal of cash; most of business also 90% in evening; bars close at 3am prior to that time is when build up in customer count increases; 2 months ago started selling full line of pizzas; increasing every week; does delivery; full line of fast food with fried chicken/wings 75% of sales; new owner can reverse popularity of menu items and start selling items that can really sell in area; Every weekend back room seats 100 people rented out all cash $450 per function owner receives this amount in cash can be done more often as customers do not realize place has large rear room; sign in main restaurant can be very helpful, making facility available at lower price during weekday evenings.

Detailed Information

Inventory:
Not included in asking price
Employees:
3
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
3,000 sq. ft. facility with a back room or private functions that sits 100 people; average rent $450 per weekend; facility can be revamped to make for more appealing menu selection.
Competition:
A great deal of food places in area this is only one geared to late market trade (after 10pm-3am)
Growth & Expansion:
Pizza oven cost 30k just placed into place for late night customer; 3 larger bars that close at 3am are located there; place fills up late for pizza buyer
Financing:
Owner would accept $45,000 in financing payable in 2 years
Support & Training:
2 weeks
Reason for Selling:
Owner has to relocate to California

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Vito Mastromonaco

Business Listed By:
Vito Mastromonaco

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Larry Bodner

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