40 + Years Successful Restaurant - Easy Hours

Not Disclosed, NJ
Morris County

Morris County

Asking Price: Annual Revenue:
$750,000 $600,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: 40 + Years Successful Restaurant - Easy Hours Broker: Greg Carafello

Quick Facts

Asking Price: $750,000
Annual Revenue: $600,000
Net Profit: Not Disclosed
Cash Flow: $300,000
Total Debt: Not Disclosed
FF&E: $100,000
Real Estate: Not Disclosed
Year Established: 1989
Employees: 11
BBN Listing #: 95257222
Broker Reference #: 206-00003

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Business Overview:

Looking for a highly profitable, low and steady hour business with a great lease. For over 40 years this business has been a staple off the community with friendly service, great food and fair prices. You do not need to work a ton of hours in a restaurant and yet make a very good and stable income for years and years. For additional information, please contact listing agent Greg Carafello.

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Market Competition and Expansion:

This is a leased location of 1,200 square feet with a Total Rent of $4,621. Lease ends 06/2027 with two 10 year lease options. Seller is active in the business with 3 Full Time employees and 8 Part Time employees. Hours of operation are Monday - Friday: 6 AM - 8 PM, Saturday: 6 AM - 3 PM, Sunday: 6 AM - 2 PM. $20,000 in Inventory and $100,000 in FF&E included in Asking Price.

Reason for Selling:

Retiring after 30 years at this location.

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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