American Fast Food Eatery
Location:
United States
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New Jersey
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Carlstadt
Industry: Food and Beverage > Other Food and Beverage
Business Summary
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!
Financials
Asking Price Range: < $250K
Gross Revenues:
$455,000
Cash Flow:
$90,000
Cash Flow Type: Sellers Discretionary Cash
Inventory: $125,000 equipment & $3,000 inventory.
Seller Financing: Yes
About The Business
Year Established: 1986
Number of Employees: 6 - 9
Relocatable: No
Franchise: No
Current Real Estate: Leased
Property: Property For Lease
About The Sale
Management Training and Support: Seller will provide a full due diligence and transitional period.
Reason For Selling: Retirement & health reasons.
Click on the "I'm Interested" button above for more information on this Food and Beverage > Other Food and Beverage business for sale.
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Print Listing Id: 700114334
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