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Restaurant(High income. Bergen county)

Bergen County, NJ
Inside
Asking Price:$98,000
Gross Revenue:$550,000
EBITDA:$110,000
Cash Flow:$95,000
Inventory:$3,000
Established Year:2006
Listing ID: 2225422Listing provided by BizBuySell
BUSINESS DESCRIPTION

Net income after all expenses shows here is when 2 family members helping each other. Invested $500,000 to set up as restaurant. Around 70 seats, Turn key operation, serving Asian food. Has been there 15 years and owner needs to retire. Great potential and good for the family business. Thai, Indian, Vietnam, Japanese, African, Jamaican, Middle East food are very very welcome too.
About 2500sf with full kitchen. Rent is only $11,000 includes everything. Parking on the site.
Selling as is for the key money to take over the lease and business( can be any other food), no financing, no income check up will be done. One shot pay wanted by the owner.
Please text, Leo 1 201 328 4324 or Email:leo@cityporpertyassociates.com
Only for the qualified buyers with proof of funds to show to make an offer. NDA must be signed to see the location.

DETAILED INFORMATION
Location
Bergen County, NJ
Inventory
Included in asking price
Employees
3
Facilities
All restaurant equipment and items included are ready to run the business same day at the lease assignment day.
Competition
Getting better after the Covid19
Growth & Expansion
Needs more social media marketing and better internet website.
Financing
One shot pay
Support & Training
The seller will connect all the accounts for the pick up and delivery around the town.
Reason for Selling
Retirement
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Leo
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