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The Wall Street Journal Online

Unique Jamaican Dining Experience

Ocean County, New Jersey

Seller Financing Available

Photo Available
Asking Price:
$69,000
Gross Income:
$180,000
Cash Flow:
$78,000
EBITDA:
N/A
FF&E:
$50,000.00 *
Inventory:
$5,000.00 *
Real Estate:
N/A
Year Established:
2009
Employees:
2
Business Types:
Restaurants
Other Eating & Drinking Places

* included in the asking price

Business Description

This is a unique dining experience of fine Jamaican cuisine and ambiance served at its finest. This 2 year old restaurant has already taken off through strong radio advertising and word of mouth. 1000 square foot gem with all new equipment in both the formal dining room and kitchen. This restaurant has strong sit-down as well as solid take-out and special delivery service. The strip mall is a very solid location on a much travelled highway. The web site is one of the best in the business established by the owner . Does solid lunch and dinner traffic. This is a must see!

Detailed Information

Facilities:
1000 square foot formal dining area with 2 year old furnishings and kitchen equipment. Restaurant is in a well established strip mall with ample parking .Good lease terms. Very sophisticated point of sale system included in sale price.
Competition:
This business is the only game in the county that provides this type of dining experience. There is not a restaurant that sells this type of food for over 50 miles. Location is superb.
Growth/Expansion:
This business has only begun to grow. Radio advertising and a strong referral base can only make it better. The website for this location is very strong.
Financing:
seller will finance 50% of sale price to qualified buyer
Support/Training:
Seller willing to stay on for training for 2 months.
Reason Selling:
Relocation
Contact Seller

Broker Information

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(from currently available resources)
months

Business For Sale Listed By

al noviello
Jersey Shore Real Estate Associates
732 580 9425

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Ad#: 598618

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