Profitable Turn-key Luncheonette in a Great Town!

Morris County, NJ

Profitable Turn-key Luncheonette in a Great Town!
Contact Seller

Asking Price: $119,900

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: N/A

Profitable Turn-key Luncheonette in a Great Town!

Save Print Share Valuation Report

Business Description

ASSET SALE!! Modern Luncheonette off a major highway in a nice, safe town. It's a profitable turn-key business. Run semi-absentee so an owner-operator can take it to a much higher level. Luncheonette has a large variety of items & does a lot of catering to area businesses & residents. One owner has another similar business & cannot devote the time to oversee this restaurant. Two other owners are absentee. Average weekly sales is approx. $7,500 with cash flow of $1,200 +. The working owner is offering to stay on for some time to ensure a smooth transition. New qualified tenant can get a good long term lease situation like the owners have. Contact Seth Kain @ 201-317-4710 for additional details & showing.

Detailed Information

Facilities:
All Furniture, Fixtures, & Equipment valued @ approximately $50,000 are in very good condition & included in the sale. It's in a small strip mall with plenty of free parking available for customers. A new qualified tenant can get a lease assignment on the approximately (8) remaining years on it. Or they could seek more years if desired.
Competition:
There are several deli’s, a couple of diners, a couple of bagel shops within a 3 mile radius. Though, there aren't any similar type businesses within at least a couple of miles.
Growth & Expansion:
Some additional advertising & promotion would help to boost gross sales.
Support & Training:
3 weeks of training will be offered at no cost to the Buyer(s).
Reason for Selling:
Owners have other business interests & none of them can devote too much time to
Contact Seller

Contact the Seller

(from currently available funds)
 
Contact Seller Loading

Seth Kain

Business Listed By:
Seth Kain

Executive Business Brokers

Show Phone Number

View My Listings


Sponsoring Broker:
Larry Bodner

Listing Statistics

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


Ad#:1510030 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


Vitality Bowls

Franchise Opportunity In NJ
Capital Required: $200,000