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Business for Sale Summary

Excellent BBQ Restaurant in Essex County, NJ - 30402

Business Type: delicatessen/catering services,other eating & drinking places,other food stores,best deals!,new to market,restaurant/ cafes
Excellent BBQ Restaurant  in Essex County, NJ
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This business has received 107 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $128,000 Down Payment $128,000
Gross Revenues $347,000 Lease Remaining Register Free to View
Owner’s Cash Flow $65,000 Number of FT Employees Register Free to View

Financing

$128,000 Down and SELLER WILL ENTERTAIN ANY REASONABLE OFFER!

Business Description

Excellent BBQ restaurant (eat-in or take-out) for sale. *PRICE REDUCED* This business is very well-known in Essex County! Located right off the highway in a high-traffic area, this restaurant serves Protegee-style barbecue, seafood, and grill-style cuisine in a family-style, dine-in restaurant. There is the option for takeout and delivery. This business offers ample free parking in a spacious, 3,500 sq. ft. facility, with seating for 50 patrons. There are 5 years left, and it can be extended for a qualified buyer. The current rent is $4,850/month (including taxes, common area maintenance, and garbage). A BUYER CAN KEEP THE CURRENT CONCEPT OR PUT IN SOMETHING NEW. THE BUSINESS HAS A FULL KITCHEN WITH HOOD SYSTEM. IT CAN ACCOMMODATE ANY CONCEPT EASILY. In the past year, the business grossed approx. $347,000.00, with a net cash flow of approx. $65,000.00. We are seeking a serious and financially qualified buyer with at least $128K in liquid funds to cover the asking price, and $8K for the rent security. To learn more, please call Mel Vaz today at 1-877-735-5224. ALL SITE VISITS MUST BE DISCREET. PLEASE DO NOT MENTION THE SALE WHEN VISITING THE LOCATION.

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. kg

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.