Price Drop - Hoboken NJ QSR - Latin / American Restaurant - $1.3 Gross
Business Description
High-Grossing QSR in Prime Urban Location | $1.3M Gross | $200K+ Net Potential | Low Rent | Turnkey Build-Out
Unbelievable opportunity for an experienced owner/operator to step into a high-volume, fully built-out 600 sq. ft. Latin American quick service restaurant with massive upside. Currently doing $1.3 million in gross sales, this location is operated 75% absentee—leaving significant room to improve margins and boost profitability under active, hands-on ownership.
Key Financial Insights:
Current Payroll: 35% of revenue
Current Cost of Goods Sold (COGS): 40%
The $200K+ net income is based on a hands-on owner/operator model managing payroll and food cost more efficiently.
With a well-trained and reliable staff, there's no need for authentic Latin American cooking experience—operations are smooth and systems are in place for easy ownership transition.
Investment Highlights:
$1.3MM Gross Revenue
$200K+ Forecasted Net Income with active ownership
Recoup your investment in under 2 years
Fully Built Out: Stunning $300K build-out, all FF&E in excellent condition
Low Rent / Long Lease: Favorable terms for qualified buyer
Full Basement: Ample storage and operational flexibility
Turnkey Operation: Ready for immediate takeover and growth
This is a perfect opportunity for an owner/operator or experienced QSR professional looking to capitalize on a proven location with untapped earnings potential.
Unbelievable opportunity for an experienced owner/operator to step into a high-volume, fully built-out 600 sq. ft. Latin American quick service restaurant with massive upside. Currently doing $1.3 million in gross sales, this location is operated 75% absentee—leaving significant room to improve margins and boost profitability under active, hands-on ownership.
Key Financial Insights:
Current Payroll: 35% of revenue
Current Cost of Goods Sold (COGS): 40%
The $200K+ net income is based on a hands-on owner/operator model managing payroll and food cost more efficiently.
With a well-trained and reliable staff, there's no need for authentic Latin American cooking experience—operations are smooth and systems are in place for easy ownership transition.
Investment Highlights:
$1.3MM Gross Revenue
$200K+ Forecasted Net Income with active ownership
Recoup your investment in under 2 years
Fully Built Out: Stunning $300K build-out, all FF&E in excellent condition
Low Rent / Long Lease: Favorable terms for qualified buyer
Full Basement: Ample storage and operational flexibility
Turnkey Operation: Ready for immediate takeover and growth
This is a perfect opportunity for an owner/operator or experienced QSR professional looking to capitalize on a proven location with untapped earnings potential.
Listing Info
- ID
- 2379269
- Listing Views
- 476
Listing ID: 2379269 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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