American Fast Food Eatery
Location New Jersey,United States
Asking Price Range < $250K
Gross Revenues $455000
Net Profit / Cash Flow $90000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1986
Number of Employees 6 - 9
Inventory $125,000 equipment & $3,000 inventory.
Relocatable No
Number of Employees 6 - 9
Real Estate Leased
Training Seller will provide a full due diligence and transitional period.
Reason for Sale Retirement & health reasons.
Description Popular Fast food Eatery and casual restaurant for sale, located in a high traffic, high volume commercial area of Bergen County, New Jersey. The facility is on a busy avenue and located near the New Jersey Giants Stadium. This business is part of a family of NJ restaurants well known for its outstanding Steaks, Ribs and Burgers along with its quality service. The business income consists of 50% delivery which can be further developed with onsite management and an appropiate marketing plan. This particular location is well recognized and popular for its famous Baby Back Ribs along with a full menu great tasting burgers, wraps and steaks. The business produces annual sales of approximately $455,000 with a substantial net income for the owner. The seller now wishes to retire from this location and will considering financing to a qualified purchaser. A wonderful opportunity to own a landmark fast food business!
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