$165 000 Excellent BBQ Restaurant For Sale In Essex County NJ-30402 - $165 (New Egypt)

Posted on: 12/01/17

Description

$165

Excellent BBQ Restaurant (Eat-In or Take-Out) Business Description: Excellent BBQ Restaurant (Eat-In or Take-Out). Very well-known in Essex County! Located right off the highway in a high-traffic area, this restaurant serves Protegee-style barbecue, seafood and grill-style cuisines in a family-style dine-in restaurant, with options for takeout and delivery. They offer ample free parking in a spacious 3,500 sq. ft. facility with seating for 50 patrons. There are 5 years left and it can be extended for a qualified buyer. The current rent is $4,850/mth. (including taxes, common area maintenance and garbage). A BUYER CAN KEEP THE CURRENT CONCEPT OR PUT IN SOMETHING NEW. THE BUSINESS HAS A FULL KITCHEN WITH HOOD SYSTEM. IT CAN ACCOMMODATE ANY CONCEPT EASILY. In the past year, the business grossed approx. $347,000.00 with a net cash flow of approx. $65,000.00. We are seeking a serious and financially qualified buyer with at least $165K in liquid funds to cover the asking price and $8K for the rent security. To learn more, please call Mel Vaz today at 1-877-735-5224. ALL SITE VISITS MUST BE DISCREET. PLEASE DO NOT MENTION THE SALE WHEN VISITING THE LOCATION. Asking Price: $165,000.00 Gross Revenue: $347,000.00 Owner's Cash Flow: $65,000.00 Down Payment: $165,000.00 For more information, contact Vested Business Brokers at 1(877) 7355224. We have over 3,700 businesses for sale, many with owner financing. Visit our site today to find the business that's right for you. Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.

Ad Number: 20973209