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Business for Sale Summary [Non-Confidential]

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Passaic County, NJ

Business Type: seller financing available,special situations,new to market,retailing businesses,other eating & drinking places,restaurant/ cafes

Recorded Info
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Non-Confidencial Financial Infomation

  • Asking Price

    $460,000.00

  • Gross Revenues

    $724,000.00

  • Financing

    $ 410,000.00 Down and 50k 1 year at 8%

  • Owner's Cash Flow

    $213,280.00

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Disclaimer: The information in these listings is provided by the Seller. Vested Business Brokers, Ltd. has not independently verified this information. Our Brokers are not authorized to make any representations or warrantees. You agree to hold Vested and its associated brokers harmless for any misrepresentations made by seller.

Business Description

Busy independent fast food restaurant operating 24 hours per day and 7 days per week. Grosses an average of $15K per week with $18K to $20K per week during the summer. Rent is $6,400 per month plus taxes. Menu features chicken, sandwiches, pizza, burgers, fish, steak and ice cream, Premises include free standing building, 21 parking spaces, indoor seating for 25, drive through window and plenty of same floor storage space. Major items of equipment are 4 pie ATTIAS pizza oven, 2 double basket fryers, 4 foot grill, walk in freezer, walk in refrigerator, pressure cooker, 80 quart mixer and full security system. Sales breakdown: 60% drive through and 40% walk up; 80% chicken and 20% other menu items. Currently cash flow is shared among 2 to 3 family members. Perfect opportunity for a family or working partners. Check out this money making business by making your inquiry immediately!

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