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ID:07675 Very Popular, Well Established Restaurant, strong profits.

Bergen County, NJ

Seller Financing Available

AMERICAN FARM MENU
Asking Price:$1,595,000
Gross Revenue:$3,000,000
Rent:$8,151
FF&E:$600,000
Cash Flow:$583,000
Inventory:$30,000
EBITDA:$460,570
Established Year:2015
Listing ID: 2314262Listing provided by BizBuySell
BUSINESS DESCRIPTION

ID:07675 In the Heart of the Downtown, beautiful restaurant, Very Busy.

ID:07675 In the heart of the Downtown seats this beautiful restaurant. It is very popular, fresh American menu offerings, very profitable, long lease, nearly 3 million in yearly revenue. Asking $1,595,000

ATTACHED DOCUMENTS
QUALIFIED BUYER NDA.pdf Download
DETAILED INFORMATION
Location
Bergen County, NJ
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
5,234
Lease Expiration
01/05/2035
Employees
35
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Fully built kitchen restaurant, all Fixtures, Furniture, and Equipment, are included in the sale, as well as the Brand, Good will, Intellectual property, and business. Profitable on day one. Asking $1,595,000
Competition
Strong vibrant downtown mix of restaurants. This is one of the most popular.
Growth & Expansion
Growth, by keeping the strong business going and expanding the dinner menu and dinner hours. The breakfast and lunch are strong hours are strong.
Financing
(POF) Proof of Funds and NDA to qualify.
Support & Training
One month for smooth transition. Owner is retiring and is willing to stay on board as an advisor if necessary.
Reason for Selling
Owner is passed the retirement age.
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