Iconic Diner For Sale in Northern, NJ

Not Disclosed, NJ

Northern NJ

Asking Price: Annual Revenue:
$1,299,000 $2,100,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Iconic Diner For Sale in Northern, NJ Broker: Ken Stein

Quick Facts

Asking Price: $1,299,000
Annual Revenue: $2,100,000
Net Profit: Not Disclosed
Cash Flow: $400,000
Total Debt: Not Disclosed
FF&E: $800,000
Real Estate: Not Disclosed
Year Established: 1970
Employees: 25
BBN Listing #: 25474701
Broker Reference #: 15039

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Business Overview:

A unique opportunity to purchase Landmark diner in Northern, NJ. The location has been a diner for over 50 years with a well-trained team in place, a strong reputation and great customer reviews. Long term lease of 20+ years with LOW monthly rent of $13,200. Their low overhead along with their highly visible AAA location makes this highly profitable business very hard to beat. They have easy accessible parking for 50 cars, a full bar with seating for 235 guests and a full basement for storage. They have a vibrant delivery business in place and has tremendous potential to increase the revenue and profits. Owner is looking to retire and please refer to listing number 15039 when inquiring about this opportunity.

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Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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