Seller's Contact Information
- RE: Extraordinary High Volume Restaurants
- Contact: Robert Petrin Jr
- License #: 0572427
Quick Facts
| Asking Price: | $15,000,000 | |
| Annual Revenue: | $12,000,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1992 | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 418845063 | |
| Broker Reference #: | Not Disclosed |
Business Overview:
Large facilities, with strong liquor sales, proven time tested concepts that can be easily duplicated by a large independent restaurant group or multi unit corporation. A very rare opportunity to earn your fortune. asking price reflects real estate., liquor license, goodwill, and cost to duplicate the sites. In reality this is an asset sale grossing $ 12,000,000 with extraordinarily high net income.
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Property Features and Assets:
High volume free standing buildings on AAA properties in affluent North Jersey county. Large busy bars and outdoor dining.Off premise catering.Sellers will consider selling restaurants individually to experienced qualified operator.
Market Competition and Expansion:
One of a kind time proven concepts that are ready for expansion. No financial or confidential information will be given without proof of funds and non- disclosure agreement.
Reason for Selling:
Other business interests.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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