Business for Sale

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Business for Sale Summary [Non-Confidential]

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Union County, NJ

Business Type: seller financing available,special situations,best deals!,absentee business,business with property available,assets only sale,retailing businesses,restaurant/ cafes

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Non-Confidencial Financial Infomation

  • Asking Price

    $1,300,000.00

  • Gross Revenues

    $1,860,000.00

  • Financing

    $ 500,000.00 Down and 800,000 for 10 years at 6% -

  • Owner's Cash Flow

    $400,000.00

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Business Description

Great Opportunity with Great Cash Flow... Classic diner in great area of New Jersey - perfect for a Manhattan or Staten Island Buyer. This place does huge sale ($2M) and has a fantastic corner location. Big 200 seat, free standing operation with plenty of parking. This diner has been in the Seller's family for over 40 years - very well established business. If you are serious about owning a classic diner - it wont get any better than this. Great Terms on lease available. Property available through seller for 1.3 million on the 5th year, first 5 yrs flat 8k per month.

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