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Bensi Restaurants

Location  New Jersey,United States
Asking Price Range  $250K - $500K
Gross Revenues  $950000
Net Profit / Cash Flow  $125000
Cash Flow Type  EBITDA
Seller Finance  Yes
Year Established  1998
Number of Employees  10 - 19
Inventory  1500
Relocatable  No
Number of Employees  10 - 19
Real Estate  Leased
Training  The seller will supply transitional assistance and remain thirty days post closing.
Reason for Sale  Absentee and involved in an alternative business out of the general area.

Wonderful restaurant business opportunities are available in Bergen, Hunterdon and Morris Counties, New Jersey. These beautiful ultra modern facilities presently functioning as a Bensi Restaurant located in an affluent community of Northern & Central, NJ and are available for sale without the franchise name. The sale includes a valuable liquor license and all equipment is in excellent working condition. The businesses have an average gross yearly income of $950,000 and a consistent six figure net yearly income for an owner operator. The original build out cost was approximately $600,000 and the existing FF&E is valued at $287,000 plus liquor license value of $225,000. Because the owners consist of absentee investors, they have elected to sell the restaurant at a most competitive price. The sale includes all of the existing FF&E representing a substantial value and in excellent working condition. The sale includes a complete menu of state of the art & quality restaurant equipment, which induces a full commercial kitchen with an estimated value of $287,000 and a valuable consumption liquor license. The facility has a legal capacity for 135 customers consisting of 3,100 square feet on one main floor with no basement. The sale includes substantial private parking on the site and part of the lease agreement. The business is operational six days per week, closed Monday, with hours from 4:00 pm to 10:30 pm. The business has a valuable Consumption liquor license as part of the sale. The business has a long term commercial year lease, expires 2024/01/01 with a monthly rent of $12,000 and rent security of $15,000. The business has a full staff of experienced employees, is unaware of the pending sale and expected to remain post-closing, monthly payroll approximately $16,500. The purchaser will eliminate the franchise name and associated cost. This is a most unusual opportunity for the right operator to walk into this turnkey operation at a very competitive price. Please call f

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