Popular Halal Fast Food Restaurant

East Orange, NJ (Essex County)

Seller Financing Available
Popular Halal Fast Food Restaurant
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Asking Price: $99,000

Cash Flow: $79,399

Gross Revenue: $410,000

EBITDA: N/A

FF&E: $40,000

Inventory: $5,000*

Rent: $1.23 /Month

Established: 2011

*not included in asking price.

Popular Halal Fast Food Restaurant

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Business Description

Busy and established fast food restaurant famous for their halal fried chicken and waffles. Located on a shopping strip, this business offers a wide variety of breakfast, lunch and dinner items - from pancakes, egg platters, burgers, subs, wraps, and salads, to fried chicken with sides of fries, coleslaw, mashed potatoes, biscuits, and BBQ ribs, hot wings, and seafood - this menu ensures their loyal clientele. Delivery also available. Large potential for growth.

Detailed Information

Location:
East Orange, NJ
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
1,750
Lease Expiration:
N/A
Employees:
2 FT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
1750 sq in a shopping strip on main avenue with own parking lot, business is 8 years old, equipment and furniture in very good condition, 3 years left on lease, option for 5 years
Competition:
A couple, but each fast food restaurant has its own style and menu
Growth & Expansion:
Open on Tuesday, add more advertising, owner can give advice on how to increase business
Financing:
No interest on 40,000 balance for 3 years
Support & Training:
2 weeks
Reason for Selling:
Moving to new area
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Solomon Sasson

Business Listed By:
Solomon Sasson

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Sponsoring Broker:
Larry Bodner

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