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Business for Sale Summary

Local Ethnic Restaurant for sale in NJ - 34325

Business Type: other eating & drinking places,seller financing available,restaurant/ cafes/ diners
Owner Financing
Local Ethnic Restaurant for sale in NJ
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Financial Information (non-confidential)

General Information
Asking Price $110,000 Down Payment $70,000
Gross Revenues $282,923 Lease Remaining Register Free to View
Owner’s Cash Flow $13,252 Number of FT Employees Register Free to View

Financing

$70,000 Down and 40k at 6% for 24 months to qualified buyers

Business Description

Small family friendly, casual dining Spanish restaurant. It is 1200sq ft and can seat up to 36 guests. Doing dine in, take out and multiple third party vendors for delivery. Beautifully decorated and located in a strip mall, centrally near major highways in a residential neighborhood within blocks of multiple schools and busy warehouses which lead to great lunch rushes. Near bus stops, perfect for commuters coming home from work to stop in and grab dinner. Has its own private parking lot. Brand new built out with equipment being only 2.5 years old. VERY large 1200sq ft basement perfect to store all excess inventory and has its own small office space as well. Rear door in the kitchen with easy access to back parking lot, making it easy for vendor deliveries. Hood and ANSUL system as well as fire extinguishers were just inspected and certified for the next year. Large 100 gallon grease trap easily accessed for cleaning located in the basement. For more info please contact Chris Stirling at 877-735-5224.

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.