ID# 1521 - Classic New Jersey Diner

Union County, NJ

Seller Financing Available
ID# 1521 - Classic New Jersey Diner
Contact Seller

Asking Price: $495,000

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Real Estate: N/A

Established: N/A

ID# 1521 - Classic New Jersey Diner

Save Print Share Valuation Report

Business Description

This legendary diner has been an area staple for many years. A throwback to the vintage New Jersey diner, it is a favorite 24/7 go-to for fast and satisfying comfort food. With experienced staff already in place, great online reviews, and close proximity to the public transportation and Garden State Parkway, there is still plenty of room for growth at this beloved location. With strong and steady year-round sales, this venture has been a proven success for the current owners and has afforded them the opportunity to retire and pass on the legacy to the next ambitious operator. In the spirit of ensuring the ongoing success of this great money-maker, the seller has offered to stay on to train the new owner. Total asking price is $495,000. With a down payment of $175K, the seller is willing to finance the balance for 10 years at 6.25% interest for a well-qualified buyer and will create a new lease with a minimum of 10-years with 2 – 5-year options. This iconic location won’t last long. Give us a call to schedule your showing at 201-845-3700.

Detailed Information

Location:
Union County, NJ
Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
1,455
Contact Seller

Contact the Seller

(from currently available funds)
 
Contact Seller Loading

J.C. Kapas Real Estate Company

Business Listed By:
J.C. Kapas Real Estate

JC Kapas Real Estate Company

Show Phone Number

View My Listings

Listing Statistics

Unlock

Demographic Information

Unlock


Ad#:1525828 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


Anchor Bar

Franchise Opportunity
Capital Required: $500,000