Do not lose this one--read description.
The business is currently valued at 300k. With the added space for growth mentioned using the 60 person facility into a money machine, the payback for the low purchase price has the potential for one year return.
The selling price combined with opportunity is a steal. The new owner will also have the option to purchase the facility which also has 5 apartments in near future.
This business also makes food product for 4 stores that it delivers to them.
There is not many deals like this.
If a buyer used the extra space with beer/liquor/lottery/convenience store mixed with the takeout food business in place the sales with grow rapidly. The business currently does 8-10k a week without these. The facility is across from Rocking Horse Ranch which orders large quantities of food. No slow times for this business--very steady. There is no liquor/wine facility near them.
Asking Price $189,900
You May Also Like
Beautiful Restaurant Grossing 20,000 a Week #454919 posted Sep 29, 2016
- Westchester County, New York, United States
The Restaurant has been around for over 30 yrs. The previous operator successfully ran the restaurant for 10 years and left to move into a larger location. In March 2013, the current owners acquired the lease & the location underwent a complete dining room, bar & bathrooms renovations from a dated Italian...
Established Italian Restaurant and Caterer #460175 posted Dec 30, 2016
- Morris County, New Jersey, United States
Well established, High end Italian restaurant and caterer. Visible highway location. Sale includes all assets, liquor license and Real Estate is available.
Turn-key Family Owned & Operated Italian Restaurant #460533 posted Jan 9, 2017
- Union County, New Jersey, United States
Turn-key Family owned & operated high-end Italian restaurant. Step into the heart of Italy and enjoy an exquisitely prepared Italian meal. This turn-key has been providing local residents a taste of Italy for the past 15 years. Great location on a busy main road in a small strip center with plenty...
Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness.