Buy a Luncheonette Grille with Casual American Cuisine business for sale in Sussex County on BusinessesForSale.com

  • Listing ID: 901270
  • (Seller ref: LNCH110)

Luncheonette Grille with Casual American Cuisine For Sale


Location:
Category:
Type:

Asking price:
$175,000 (Furniture / Fixtures included)
Sales revenue:
$300,000
Cash flow:
$65,000
Years established:
100
Employees:
3

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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.


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.

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

For more information about this business for sale, click the Contact Seller button.


Please only contact this seller if you have a GENUINE interest in buying this business. DO NOT MAKE CONTACT if you wish to sell your third party goods or services as you will be blocked from this site.

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