Business For Sale

Restaurant and Grill - 22203

Monmouth County, NJ
Monmouth County


Asking Price: Annual Revenue:
$500,000 Not Disclosed

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Restaurant and Grill - 22203 Broker: Joe DiBello
Owner Financing is Available!
500,000.00 Down & Negotiable

Quick Facts

Asking Price: $500,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2005
Employees: 25
BBN Listing #: 12734447
Broker Reference #: 22203

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Business Overview:

Restaurant & Liquor License For Sale. Price Reduced! This is an extremely well known restaurant with outdoor seating located in a busy shopping mall. The clientele is diverse, coming from drive by traffic or from one of the many surrounding neighborhoods. Parking is plentiful, building and landscaping are very well maintained. This would be an easy place to come in and take over or turn into whatever you desire. Currently the place is grossing $1.2million with absentee owners that have zero experience in the restaurant business. The current owner is overwhelmed and not able to control the service despite the success this place is having among the local patrons. This place easily has the potential to do $2.5 million. Owners are consumed with their other non-related business and are eager to sell this restaurant. If interested and serious, will work with you on financing. Full financial disclosure will be made available to serious qualified buyers with proof of funds. All Offers Considered.

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Reason for Selling:

Personal

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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Disclaimer:

The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.


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