Impeccable Profitable Latin Restaurant

Chatham, NJ
Morris County

Asking Price: Annual Revenue:
$120,000 $175,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Impeccable Profitable Latin Restaurant Broker: Seller of Business

Quick Facts

Asking Price: $120,000
Annual Revenue: $175,000
Net Profit: $53,420
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 6
Employees: 3
BBN Listing #: 4572979
Broker Reference #: 6365RH

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Business Overview:

This is an attractive and established, profitable Latin American motif restaurant with a varied and comprehensive Latin American menu that customers always enjoy and return to repeatedly. Seating is provided for 40 customers. In addition to being an attractive restaurant the owner has added the following equipment within the last year: refrigerators $2,000, rotisserie $10,000, water heater $1,700, seating $3,000 and a new freezer $700. $3,000 has been invested in the buildout improvements. The restaurant enjoys the benefit of the ongoing advertising.

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Market Competition and Expansion:

This is the leading Latin American motif restaurant in the city. The menus are absolutely superior and complete.Owner and staff have provided total dedication toward excelling in their space. All that is needed is to continue with the total dedication to excellence.

Reason for Selling:

Owner relocating.

Additional Details:

  • The property is owned.
  • The owner is not 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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