Jamaican Carribian African restaurant for sale

Asking Price$89,000

Cash Flow
$48,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$150,000

Inventory$5,000
Not included in asking price
FF&E$200,000
Included in asking price
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Jamaican Carribian African restaurant for sale


Asking Price$89,000

Cash Flow
$48,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$150,000

Inventory$5,000
Not included in asking price
FF&E$200,000
Included in asking price
Business Description
Jamaican and Caribbean/African currently operating as a restaurant, but it used to be a pizza place a long time ago. The store is about 2,000 square feet and is in perfect condition, located in a very busy commercial area, and there is a 1,000 yard area in the back of the store, with seating for about 40, a large cooking grill, a walk-in box, and a basement. The current owner operates it alone and has employees, but there is a dinosaur parking lot right on the right, so parking is not a big problem. The owner can change the restaurant to another restaurant other than the one mentioned above, and the building owner can give you a 20-year lease or buy the building. The store owner and the building owner are different. Feel free to go as a customer, but do not talk to anyone in the store. please don't give your phone numer or please don't ask the phone number ,You can go as a customer, or you can contact me and schedule a time to go. It will be very helpful to drive around the area first, and if you like it, please give us a call.
About the Business
Facilities & Assets
sitting tables and chirs for 32 persons. 14 Feet cooking grill , 2 deep fryers, One large size walk in box , 1 sink, computer casher register, 2 double doors, 1 frozen box, 1 banner, 3 composition dish dis play, 2 metal exteriar gates , 1 bathroom, menu paate, so many....
Market Outlook / Competition
This area has a very good market potential and is a very active commercial area.
Opportunities for Growth
This area has a very good market potential and is a very active commercial area so if the owner stays more time and expands the menu and the business hours, or switches to a different business, the next owner can increase sales.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
3,000
Rent
$2,500.00 per month
Lease Expiration
8/28/2035
About the Sale
Seller Motivation
Personal
Transition Support
The official training period is two weeks but if the new buyer wants,
The owner can continue training for another month with payment after the 2 week training If the new
and the employees will continue to work unless something special comes up.
This issue can be discussed again after the buyer signs the contract between the seller and the employees and the buyers.
Listing Info
ID
2408235
Listing Views
76

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Business Listed by: Peter Han PK Property ,real estate company in PA,NJ,NY.

Listing ID: 2408235 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.