Historic Family-Owned Diner, Ideal for Takeover

Featured on BizBuySell.com . 43 viewed

Asking Price

$2,100,000

FOR SALE - ACTIVE

Detailed Information

Location

Union County, NJ

QUICK STATS

BUYER ANALYSIS

Down Payment

% down

Payback Period

months

Annual Debt Service

% interest, year term

Cash Flow After Debt Service

Debt Service Coverage

x

COMPANY FINANCIALS

Cash flow

(% CF Margin)

Revenue

Furniture, Fixture &
Equipment

Inventory

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Business Description

This long-standing family-owned restaurant, located in a prime corner spot at the heart of town, offers high visibility with its own parking lot. Renovated recently, including a new kitchen and basement prep area, the restaurant has been serving its community for over 40 years. Their menu, which prioritizes breakfast and brunch items all day, along with sandwiches and popular diner entrees like steaks, ribs, fish, chicken, and pasta dishes, appeals to families and individuals alike. Known for its great coffee and affordable pricing, the restaurant has a well-planned menu designed to provide high-profit margins. With a stable staff of long-term employees, the business is currently under semi-absentee ownership, offering a potential buyer a turnkey opportunity to take over and continue its successful operation. Don't miss out on this established eatery that caters to a wide range of tastes and preferences, making it a beloved dining destination in the community and ideal for someone looking to step into a well-oiled

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Listed By:

Name : Brian Elkin

Phone Number : Show Phone number

Brian Elkin typically replies in about 7 minutes

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