Luncheonette/Catering/take out

Princeton, NJ (Mercer County)

Luncheonette/Catering/take out

Asking Price:$221,000

Cash Flow:N/A

Gross Revenue:$250,000

EBITDA:N/A

FF&E:$10,000

Inventory:N/A

Rate/Sq. Ft.:$42.00

Established:1995

Luncheonette/Catering/take out

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Business Description

Rare opportunity to have food business in heart of Princeton with lots of potential to add your own venue and expand your culinary expertise in very high per capita income area with many businesses surrounding in walking distance and Princeton University student population.

Detailed Information

Real Estate:
Leased
Building Sq. Ft.:
600
Lease Expiration:
N/A
Employees:
5
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Well know long established business for over 20 years. Serves Breakfast, Lunch and open through the Dinner hours serving Students, Facility and surrounding Businesses 7 Days a week. Menu consists of breakfast, Hot & Cold Specialty Sandwiches, Platters, Salads & various types of side dishes for Lunch and Dinner. It is take out only, however there is outdoor seating. Fully equipped & well maintained so no need to add other equipment, just move in, take over and insert your own venue, keep the same or add to it. Tremendous daily foot traffic. Great upside potential w/additional marketing, delivery Also, opening earlier for Breakfast trade should greatly increase sales volume. No owner financing, SBA financing to a qualified Buyer. Long term lease in place. Fantastic opportunity for energetic owner operator. Price includes valuable Princeton food license. Reason for selling, owner has other new family commitments. NDA required to be completed and signed prior to releasing any information.
Competition:
prime location in heart of Princeton business district
Growth & Expansion:
Lots of upside potential to expand
Financing:
SBA Financing available
Support & Training:
Seller will give up to 30 day support/training if desired
Reason for Selling:
new family commitments

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Mike Riccardi

Business Listed By:
Mike Riccardi

M. Riccardi Agency Inc.

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