Casual Dining Franchise & Independent Bar
Location New Jersey,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $2500000
Net Profit / Cash Flow $445000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 2006
Number of Employees 10 - 19
Relocatable No
Number of Employees 10 - 19
Real Estate Leased
Description A busy casual dining franchise along with a classy wine bar is for sale as a package deal. The seller of owner of this business has been able to take advantage of a great opportunity and has two very successful businesses that run independently of each other operating under 1 liquor license. These restaurants have been built right and are fully staffed. The owner is hands on and active in managing the managers of the business, not working in the business. If you are looking for a first class operation in a great location that has been built right, then this is a business for you.
This business throws of incredible cash flow, and the numbers should only be getting stronger as the neighborhood has tremendous development taking place. The business is earning $445K to the bottom line and selling for 1.4 Million + the Liquor License. Included in the sale is approximately $100,000 of art work hanging on the walls. Contact about listing 11597 when inquiring about this business.
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