Established BBQ Restaurant In Busy Area

Asking Price$150,000

Cash Flow
$71,500
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$470,000

Inventory$5,000
Not included in asking price
FF&ENot Disclosed

Real EstateNot Disclosed

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Established BBQ Restaurant In Busy Area


Asking Price$150,000

Cash Flow
$71,500
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$470,000

Inventory$5,000
Not included in asking price
FF&ENot Disclosed

Real EstateNot Disclosed

Business Description
Seize this rare opportunity to own a restaurant located in the vibrant heart of one of the most densely populated areas of Northern NJ. Nestled in a busy major metropolis which has excellent high net worth clientele that you can tap into to take this business to the next level.

If you have been looking for a sign to live out your dream to become an aspiring entrepreneur or if you are already a seasoned restaurateur looking to own and operate a turn key business, then look no further!

This 2300 sqft.restaurant which opened in 2003 has enjoyed consistent net profits after expenses of upwards of 240,000 per year until the partner became ill and was not able to give the required attention to this business.

Discover the immense opportunity that awaits a new owner/operator who is willing to invest in a marketing campaign including but not limited to social media, google, and restaurant marketing to the local community to drive sales to new heights.

A savvy entrepreneur will seize the opportunity to take this turn-key restaurant by implementing new ideas to an already existing turn-key business in a very highly densely populated area. Don’t miss out on this exceptional opportunity to own a profitable and well-regarded establishment in a prime location.

The very low rent of $3200 a month lease is very favorable, and the owner is willing to ensure a smooth transition by giving up to 1 month training or more if required. This restaurant is a great bargain especially for a new owner operator who is willing to invest in marketing the restaurant to a diverse and affluent population.

This restaurant is equipped with freezers, refrigerators, flat grill, charcoal grill, walk in box, 3 fryers, 2 convection ovens, 2 microwaves, slice machine, 2 stoves and 6 burners, ect.

Don’t miss out on an opportunity and a bargain of a lifetime.
About the Business
Years in Operation
23
Employees
8
Facilities & Assets
20 seats.
2,300 sq ft
8 employees
Establish since 2001
Market Outlook / Competition
The market in the Hudson County area presents a unique opportunity for growth with minimal direct competition. This limited competition allows for: Higher Market Share: With fewer direct competitors, the restaurant can dominate the local dining scene if managed effectively. Brand Recognition: Increased potential for building a strong, recognizable brand as a go-to food destination in town which is presently missing.. Customer Loyalty: Opportunities to cultivate a loyal customer base. Menu Innovation: Freedom to innovate and diversify the menu to attract
Opportunities for Growth
Growth Opportunities: Untapped potential in several areas, allowing for significant growth. Marketing Services: Internet, social media, google, and print marketing can streamline operations, enhance customer experience. In House Delivery Service: Adding in house delivery services can increase revenue by catering to customers who prefer dining at home, expanding the customer base beyond in-house diners. Menu Expansion: Diversifying and expanding the menu can attract a wider audience. Space Expansion: Potential for future expansion of the restaurant.
About the Sale
Seller Motivation
Co-owner became ill, and other owner prefers to retire.
Transition Support
Owner will provide training for 30 days and provide recipes on the menu
Listing Info
ID
2178702
Listing Views
1174

Contact Seller

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Business Listed by: Farkhan Shah Executive Business Brokers

Listing ID: 2178702 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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