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DINER - Passaic County, NJ-Priced Right w/ Long 25 Yr Lease-Low Rent-Seller has Health Issues
New york (Wayne)

Disclaimer

Disclaimer: The financial information herein has been provided by the seller. East Coast stores or east coast business brokers or its brokers make no claim to have verified this information. We recommend that the buyer conduct his own do diligence and perform the financial verification needed to conclude any due diligence. The buyer understands that they will hold ECS or ECBB harmless of any claims resulting in misrepresentation by the seller.

Property Information

Listing Number:
11723
Business Type:
Established Businesses
Business Category:
Diners
State:
New york
County:
Wayne

Other Information

Financial Information

Asking Price:
$450,000
Gross Income:
$1,300,000
Cash Flow:
$264,870
Seller Financing:
$100,000  

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Business Description

This iconic Diner has been a staple in Northern New Jersey for close to 25 years!!! Free standing 5000sqft building on over 1 acre of Land with 60 parking spots.  Beautifully renovated about 5 years ago when the current owner bought the Diner this has over 150 seats throughout.  This place has so much potential.  The seller has health issues and for that reason opens up late, and closes early.  A new owner can take advatage of the early breakfast crowd, and a late dinner business.  This under performing restaurant is ready for some new young blood to take it to the next level.  The Diner is located on a major roadway of Northern Jersey with commerical and local traffic with extremely high car counts.  This location is so amazing that it can be converted to any type of cuisine restaurant or even any National Franchise would approve this location with the space and parking and of course th


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e 25 year Lease in place.

Listing Number : 11723

Business Listed By

Bob Patel

Email this List   5163421648
Email this List   917-642-6400
Email this List   bob@eastcoastbusinessbrokers.com
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