Closed Diner

Bergen County, NJ

Closed Diner
Contact Seller

Asking Price: $50,000

Established: 2013

Closed Diner

Save Print Share Valuation Report

Asset Sale Description

Solid business opportunity to obtain this modern diner/restaurant with minimal key funds and a long-term commercial lease agreement. The facility consists of 2,800 square feet with a seating capacity for ninety-five customers. This diner has had many years of success and is expected to continue with a high gross income and profitable net income to the owner operator. Lease and terms, the business transaction will offer an assignable commercial lease which expires 2029-01-01, plus additional options available, with a monthly rent of $5,300, all in, cost per square foot is estimated at $26.80, and rent security of approximately $7,500. The sale includes all required documentation including a certificate of occupancy from the local municipality and the required state or city licenses to conduct its day to day business. The business has been valued / priced at $50,000 which is based on the value of the specific business assets. The business is closed, and all viewings are by appointment only and the photo does Not represent this particular business opportunity. This is expected to be a dependable business opportunity and based on the asking price, this business expects to supply a consistent return on investment to the owner operator. Additionally, the seller will offer an option to purchase the property through his New Jersey realtor.

Attached Documents


Detailed Information

Facilities:
This successful restaurant diner facility consists of approximately 2,000, square feet and has an attractive professional appearance. The business consists of a free-standing structure on an active county road with various other active and successful businesses. This opportunity is in Northern New Jersey, Bergen County, which consists of many highly populated communities with continued demand for this food service and industry.
Support & Training:
Training and owner support, the business is closed, the landlord is out of state and no post-closing transitional period will be supplied to the new owner / operator.
Reason for Selling:
Sale is due to the previous owner’s partnership separation.
Contact Seller

Contact the Seller

(from currently available funds)
 
Contact Seller Loading

Ron Cervelli

Asset Sale Listed By:
Customer Service

Regal Consulting Corp.

Show Phone Number

View My Listings

Listing Statistics

Saved This Listing:
Unlock
Days Active On Site:
Unlock
Appeared in Search:
Unlock
Listing Detail Views:
Unlock


Ad#:1612065 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.


Similar Listings


The Pizza Press

Franchise Opportunity In NJ
Capital Required: $528,000