Family Style Luncheonette Diner For Sale

Business description

This family style Luncheonette Diner facility is conveniently located in a prime community of Bergen County, New Jersey. The business is in a high traffic mall center and highly traveled avenue, with plenty of daily workers and shoppers. The business generates annual sales of $260,000 with a stable net income for the owner. The business has great room for expansion by adding deliveries and a catering service. An excellent opportunity with seller financing available!

Property information

Real Estate:

Lease

Lease terms:

An existing lease with 8 years remaining is available for transfer. The monthly rent is approximately $2,000.

Leasehold rent:

$24,000 per annum

Location:

Facility consists of 1,800 square feet with an indoor seating capacity for over 50 customers, and plenty of onsite parking.

Premises details:

This facility is located in a high traveled suburban area.

Size in square feet:

1,800

Other information

Expansion potential:

There is plenty of room for expansion with a new marketing program and a catering service.

Competition / Market:

This business is in a great location and has been well known within the community for over 20 years.

Support & training:

Seller will provide a complete review period.

Reasons for selling:

Retirement

Trading hours:

Monday thru Saturday
6:30 am to 3:30 pm

Owner financing:

Owner financing is available. Please contact the seller for more information.

Financing available:

Seller financing is available with $65k down.

Furniture / Fixtures value:

$30,000 (included in the asking price)

Inventory / Stock value:

$3,000