Luncheonette & Sandwich Shop In Business District
Location New Jersey,United States
Asking Price Range < $250K
Gross Revenues $285000
Net Profit / Cash Flow $85000
Cash Flow Type EBITDA
Seller Finance Yes
Year Established 1975
Number of Employees 1 - 3
Inventory $125,000 equipment only.
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training Seller will provide a full due diligence and transitional period.
Reason for Sale Relocating out of the area.
Description An established Luncheonette and Sandwich shop located on a major high traffic road and busy business district. This is a 5 1/2 day operation with a long term lease and a moderate rent. The facility offers seating for over fifty customers and private parking. The business produces a net income of $85,000 yearly for the present owner. The facility is bright and modern with a well equipped kitchen and a pleasant atmosphere. The owner does not offer deliveries which can substantially increase the income and improve the cash flow. This is a long established business with years of success, please call for further details. Facility is on a free standing building, consisting of 1,450 square feet with an indoor seating capacity for fifty six customers. An existing ten year lease with an additional five year option is available for transfer. Fifteen private parking spaces are available onsite and part of the lease agreement. Contact for more information on this Luncheonette & Sandwich Shop for sale.
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