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Restaurant(Asian or else)

Fort Lee, NJ (Bergen County)

Seller Financing Available
Restaurant(Asian or else)
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Asking Price: $1,950,000

Cash Flow: $720,000

Gross Revenue: $3,200,000

EBITDA: $849,000

FF&E: N/A

Inventory: $7,000*

Rent: $2.67 /Month

Established: 2007

*not included in asking price.

Restaurant(Asian or else)

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Business Description

The best spot at Fort Lee with the full Liquor license( can be purchased as $400,000 if asked), and allows great parking space. Great for the Asian food in this town.
Low food cost. All equipment and interior is like new.
Still room to grow. .
Many other menus can be served.
Please text 201 328 4324 or Email :brokerleo@hotmail.com for the showing.
The buyer should be qualified financially and needs meeting at the NJ office.

Detailed Information

Location:
Fort Lee, NJ
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
10,000
Lease Expiration:
9/30/2033
Employees:
15ft 5pt
Facilities:
15 years lease , low rent as $36k/m , 13500sf.5500sf serving floor.4500sf storage. New kitchen and interior. 200 seating.
Competition:
Not much
Growth & Expansion:
Run as absentee owner now, needs more marketing and better management.
Financing:
some as qualifed
Support & Training:
All the needs will be supported for the new owner.
Reason for Selling:
Retire for the next step
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Contact the Seller

(from currently available funds)
 
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Leo Yeo

Business Listed By:
Leo

NYNJ Business,LLC.

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