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Business for Sale Summary

Profitable Restaurant for Sale - 31440

Business Type: restaurant/ cafes/ diners
Profitable Restaurant for Sale
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This business has received 12 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $250,000 Down Payment $200,000
Gross Revenues $300,000 Lease Remaining Register Free to View
Owner’s Cash Flow $75,000 Number of FT Employees Register Free to View

Financing

$200,000 Down and 2 years at 8%

Business Description

Profitable restaurant for sale in Bergen County. Very popular mainstream menu with easy to prepare recipes and ingredients. In operation for 2 years, this business has grown rapidly due both to word of mouth referrals and promotion by an outside catering service. Projections for the catering service alone are for $100,000 in added revenue in 2020 with the possibility of $200,000 or more. Highly rated by loyal customers in a variety of social media. The menu has wide mainstream appeal due to its simplicity and emphasis on fresh premium ingredients. Seats 24 customers. Nicely balanced business with 50% lunch and 50% dinner. Delivery represents 40% of sales, while 60% of sales are eat in and take out. POS system in place. Great opportunity as a family business. The business concept has possibilities for franchise development. SOME SELLER FINANCING AVAILABLE TO A QUALIFIED BUYER. If you are serious about an exceptional food service opportunity, then this owner wants to talk with you. Make your inquiry now!

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.