Diner-Priced Right with Long 25 Yr Lease-Low Rent

Not Disclosed, NJ
Passaic County

Passaic County, NJ

Asking Price: Annual Revenue:
$450,000 $1,300,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Diner-Priced Right with Long 25 Yr Lease-Low Rent Broker: Seller of Business
Owner Financing is Available!

Quick Facts

Asking Price: $450,000
Annual Revenue: $1,300,000
Net Profit: Not Disclosed
Cash Flow: $264,870
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 445435273
Broker Reference #: 11723

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Business Overview:

This iconic Diner has been a staple in Northern New Jersey for close to 25 years! Free standing 5,000 square feet building on over 1 acre of Land with 60 parking spots. Beautifully renovated about 5 years ago when the current owner bought the Diner this has over 150 seats throughout. This place has so much potential. The seller has health issues and for that reason opens up late, and closes early. A new owner can take advantage of the early breakfast crowd, and a late dinner business. This under performing restaurant is ready for some new young blood to take it to the next level. The Diner is located on a major roadway of Northern Jersey with commercial and local traffic with extremely high car counts. This location is so amazing that it can be converted to any type of cuisine restaurant or even any National Franchise would approve this location with the space and parking and of course the business.

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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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