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Established Cafe and Grill For Sale

121
Hudson County, New Jersey, United States
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Asking Price$398,000
Revenue$774,000 EstablishedUndisclosed
Cash Flow$150,000 Employees7 full, 3 part
FF&E$275,000 FranchiseNo
Inventory$8,800* RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Beautiful cafe and grill with seating for 38 customers. This business also has a mezzanine on its 2nd floor. This business has two full kitchens with one specifically for catering. Both kitchens come with state of the art exhaust systems, central air with walk-in coolers and walk-in freezers. The cafe and grill also has an additional 12 seats, which brings the total dining-in space to over 50 seats. The seller had just recently renovated this business, transforming the restaurant into a beautiful space. This business is located next to the train station in a high-traffic area, with over 1000 potential customers walking by daily. This is a prime location with below market price rent. The seller is paying rent for only 1,823 sq. ft on an almost 2,300 sq. ft space. The seller has built out the mezzanine with 400 square feet of additional space. The seller is looking for a partner with cooking experience to help grow this great business to its full potential or to sell it all if the buyer does not want a partner. The current asking price is below what it will cost to build out a new restaurant in this prime location. The location of this business in itself is priceless as there is no other location like this in the surrounding area. The future buyer could also have the possibility to transform this space into a deli or any other type of business that serves food. This is a great chance for someone to partner with the current owner and run this business together or someone who would like to hit the ground running their own business.
Training/Support:The seller will train the new owner.
Seller Financing:350,000.00 Down & $48,000 at 7% over 24 months
Ad #99763
Seller Reference #30579
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Contact This Seller
Nathan F. Goldstein
1-877-735-5224
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