Luncheonette Grille with Casual American Cuisine For Sale

Business description

A casual luncheonette with Lotto serving breakfast and lunch in Sussex County, New Jersey. The business generated annual sales of $436,000 for 2008 with a stable yearly net income for the owner. This business operates seven days a week and serves Breakfast & Lunch as well as selling convenience store items such as Lotto, Newspapers, etc. The business facility is in a modern, free standing building with ample indoor seating capacity for 42 customers and lots of private parking. The seller will finance the sale to a qualified purchaser and supply a long term lease with moderate rent payments. This is a wonderful opportunity to own a profitable Cafe in a prime area of northern New Jersey. Please call our office for further details.

Property information

Real Estate:

Lease

Lease terms:

The seller will supply a long term lease with a monthly rent of $2,300. Seller will also consider selling the entire package including the real estate property, which is available through our real estate division.

Leasehold rent:

$27,600 per annum

Location:

Modern free standing building with a huge commercial kitchen and seating capacity for 42 patrons.

Premises details:

The business has a large private parking lot which is part of the lease terms.

Other information

Expansion potential:

With improved advertising and a delivery service this business can be further developed. The new owner can also increase the hours of operation and expand the menu for an increase in income.

Competition / Market:

No other Breakfast/ Lunch/ Cafes are in this general area.

Support & training:

This seller will supply a full review and transitional period.

Reasons for selling:

Retiring after many successful years in the food industry.

Trading hours:

Monday thru Friday Saturday & Sunday
6:00 am to 3:00 pm 7:00am to 2:30pm

Owner financing:

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

Financing available:

Seller financing is available

Furniture / Fixtures value:

$175,000 (included in the asking price)

Inventory / Stock value:

$2,500