Restaurant (Latin) - Profitable
Morristown, NJ Morris County
Seller's Contact Information
- RE: Restaurant (Latin) - Profitable
- Contact: Steve Weinbaum
Quick Facts
| Asking Price: | $625,000 | |
| Annual Revenue: | $2,326,611 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $369,329 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2017 | |
| Employees: | 38 | |
| BBN Listing #: | 83748096 | |
| Broker Reference #: | 9498 |
Business Overview:
This Latin American Restaurant for Sale in Pompton Plains New Jersey is ready for a new owner, and that new owner looks a lot like YOU!
Bring your offers to this established business that is sending the current owner home with over $300,000 year after year in Seller Discretionary Earnings on annual sales of $2 Million. Open and Operating for 5-plus years. Should qualify for SBA Lending.
Don’t delay on acting on this Latin American Restaurant for Sale. While the primary Cuisine is Mexican, the menu features other popular Spanish favorites. The Restaurant Brokers know that deals like this don’t go on the market every day! Not only do you get an open and operating business that is generating income, but you also get a business that is in a prime location! Pompton Plains is on the up-and-up and businesses in this area are doing nothing short of thriving! The driving forces behind this profitable restaurant are delivery, take-out and catering. The absence of dine-in keeps expenses low and operation simple. The rent is only 4% of sales contributing to top-line earnings!
Searching for a business that you don’t have to shell out all your capital at once? This one is it! The Restaurant Brokers have the most lending resources and can get you approved in just a few weeks – usually less! We help you find the restaurant of your dreams AND help you with the resources to make it happen! Let’s get you on the fast track to owning this Mexican Restaurant for Sale today!
This Mexican Restaurant for Sale is an A , home run listing. Need more convincing? When you buy this Mexican restaurants for sale you will be the new owner of a fully established and operational business. The staff are seasoned and trained. The current owner is selling after owning the location since 2017. They will stay on board after closing; however, to provide you with 2 weeks training without pay. They utilize a Revel POS system with 3 order takers/tills, mobile unit and five kitchen stations. orders are synced for on-line and 3rd party for easy processing. Social media is utilized to attract and retain customers. Although considered Mexican cuisine, the menu include many Latin American favorites appealing to a broader customer base.
Don't delay, contact your restaurant brokers today at We Sell Restaurants to learn more about this terrific high earnings opportunity. Interested Buyers will also need to provide at least $200,000 in verifiable liquidity prior to receiving name/address and other proprietary information on this Restaurant for Sale.
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
Market Competition and Expansion:
Fresh made Mexican and Latin Food, POS with 5 kitchen stations, delivery (own drivers) & pick up only, 5 years of excellent reputation, online order, integrated with DD, GH & UE, all recipes & processes documented
Reason for Selling:
Relocation
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is a franchise resale opportunity
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