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Businesses For Sale > Business For Sale in Morris County, New Jersey (NJ)
Modern, Fully Built Out Fast-Casual Restaurant for sale in Morris County, NJ
Morris County, New Jersey (NJ)
| Asking Price: |
Gross: |
Cash Flow: |
| $ 139,000 |
$ 405,000 |
$ 85,000 |
Furniture and Fixtures Value:
$ 85,000 (included in the asking price)
Inventory Value:
$ 5,000 (included in the asking price)
Business Summary:
300K Space for Much Less - Like New Morris County Restaurant. A very well maintained restaurant in a renovated strip mall with strong visibility. Located on Route 10 corridor (50k vehicles per day) in densely populated Morris County. This territory is home to the largest business district in NJ which creates a great lunch opportunity. Built in 2013 with all new commercial equipment and furniture/fixtures. Complete POS system in place. Counter service with dining room and outdoor seating. This is currently a mediterranean franchise restaurant (not selling with franchise) serving fresh salads and sandwiches that can be easily converted into another QSR or fast-food concept with minimal work. The restaurant is ideal for a middle-eastern or Mediterranean, sandwich shop, salad bar, italian deli, kosher eatery, etc. Profitable at this location with lots of room for growth through delivery (currently not offered) and catering. The original investment for construction, leasehold improvements, zoning fees and other start-up costs far exceeds the asking price.
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| Year
Business was Established: 2 |
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| Number of Employees:
5 |
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| Potential
Growth/Expansion:
Great reputation in affluent Morris County with loyal customers validating there is strong demand for more quality, diverse lunch options on Route 10. |
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| Competition:
Existing customer base from Denville, Morris Plains, Parsippany, Randolph, Boonton, Morristown, Mountain Lakes, and Dover. |
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| Owner
willing to train:
If necessary, owner will provide 1-on-1 training on front & back operations for 2-3 weeks and 4 weeks of phone support at no cost. |
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| Reason for selling:
Owner is moving out of the area. |
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Seller Reference Number: bm1978795774
BusinessMart.com Listing Number: 184773 |
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To request more information
on this business
please fill out the form shown right 
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For
more info contact:
2014632351
John Makkar
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