Profitable Restaurant

Union County, NJ

Seller Financing Available
Profitable Restaurant

Asking Price:$700,000

Cash Flow:$315,000

Gross Revenue:$1,228,000

EBITDA:N/A

FF&E:$100,000

Inventory:$5,000*

Established:7

*not included in asking price.

Profitable Restaurant

Get Financing Save Print Share Valuation Report

Business Description

This Greek restaurant is situated in downtown area with lots of traffic and exposure, plenty of parking, long lease in place, they serve (gyro’s ribs, rotisserie chicken, falafel, panini wraps and other bbq items) on average the store does 24,000 a week. The average daily customer walk in 220, 50/50 lunch vs dinner as far as breakdown of sales 50% is take out 25% delivery and 25% sit in there is seating for 60 people.

Detailed Information

Inventory:
Not included in asking price
Employees:
19
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Located in busy strip mall in a major intersection seating for 60 people equipment in great working order.
Competition:
Limited competition in area.
Growth & Expansion:
New Owner can expand catering end of the business and tap into the local community.
Financing:
SELLER IS REQUIRING $500K DOWN AND WILL FINANCE THE BALANCE.
Support & Training:
Seller will stay on to train buyer.
Reason for Selling:
Other business opportunity

Listing Statistics for Premium Members

Ad#:1197033 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.

Contact the Seller

Sign up for the BuyerNewsletter.
Learn to use your IRA/401K to buy a business: Guidant Financial (min. $50K needed in IRA/401K)
Contact Seller Loading

DOUGLAS BODNER

Business Listed By:
DOUGLAS BODNER

Executive Business Brokers

Show Phone Number

View My Listings


Sponsoring Broker:
Larry Bodner

Find out more...

Get more details about this business.


Similar Listings


MidiCi

Franchise Opportunity
Capital Required: $700,000