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Business for Sale Summary

Specialty Restaurant for Sale in Bergen County, NJ - 32651

Business Type: seller financing available,restaurant/ cafes/ diners
Specialty Restaurant for Sale in Bergen County, NJ
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This business has received 5 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $144,900 Down Payment $94,900
Gross Revenues $499,983 Lease Remaining Register Free to View
Owner’s Cash Flow $67,225 Number of FT Employees Register Free to View

Financing

$94,900 Down and 3.5% over 2 years

Business Description

Full service Latin American restaurant for sale in Bergen County. Located in a town with exceptional demographics. Easy street parking. Seats 28 customers. The attractive decorations and furnishings welcome faithful casual dining customers. Nicely balanced business with 40 per cent lunch and 60 per cent dinner. 30 per cent of the business is eat in and 70 per cent take out or delivery. An employee works as the business manager, so a new owner can focus on growing the business to its full potential. A very large kitchen is suitable for an immediate expansion of the catering business. Premises include a full basement for storage. Major equipment includes: 8-burner stove, 1 walk in box, 2 fryers, 1 salamander, 1 wok, 1 rotisserie, 2 foot char grill, 1 proof box and more. 7 years remain on a lease with below market rent. If you seek a food service opportunity with superior growth prospects, then you will want to meet this owner. Take the first step and make your inquiry without delay!

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.