Price drop-Mediterranean Rest.-Lunch&Dinner-NJ Main Rd-$18k-22k wkly

Eatontown, NJ (Monmouth County)

Price drop-Mediterranean Rest.-Lunch&Dinner-NJ Main Rd-$18k-22k wkly
Contact Seller

Asking Price: $200,000

Cash Flow: $131,040

Gross Revenue: $1,040,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $7,000 /Month

Established: N/A

Price drop-Mediterranean Rest.-Lunch&Dinner-NJ Main Rd-$18k-22k wkly

Save Print Share Valuation Report

Business Description

Unbelievable opportunity for an experienced operator to come in and bring this Restaurant to the next level. Current owner took this location over 6 months ago and fully renovated this 120 seat w / party room , upscale Mediterranean Restaurant and is already averaging $20k a week. $250K in Upgrades , Equipment & Furniture. Current owner is moving out of the state and is forced to sell this unbelievable opportunity. Situated on the corner of one of the busiest roads in NJ , this Turnkey operation is all set up to do big numbers. Very low rent for this location with a 35 yr very favorable lease. Seller is ready to move quick on this TurnKey / fully staffed , well oiled operation. Numbers have been increasing each week and will Drastically climb upwards with the right operator.

Detailed Information

Location:
Eatontown, NJ
Real Estate:
Leased
Building SF:
4,800
Lease Expiration:
8/7/2054
Support & Training:
Seller willing to train new owner
Reason for Selling:
Other business interests
Business Website:
http://www.eastcoaststores.com
Contact Seller

Contact the Seller

(from currently available funds)
 
Contact Seller Loading

Henry Galasso

Business Listed By:
Henry Galasso

East Coast Stores LLC, NYC

Show Phone Number

View My Listings

Listing Statistics

Unlock

Demographic Information

Unlock


Ad#:1667289 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


Fresh Coast

Franchise Opportunity In NJ
Cash Required: 75000