Deli and Restaurant For Sale Fairview, New Jersey
Deli and Restaurant for sale in the Fairview, New Jersey region for $185,000! Seller financing available with $100,000 down. Established restaurant currently grossing an estimated $363,410 and nets $98,366. Income is based on an owner/operator role. Includes all restaurant equipment. This restaurant offers a selection of breakfast items, sandwiches, wraps, gourmet salads, specialty sandwiches, soups and more. This is a great opportunity to purchase a fully built out restaurant, the ground work has already been done! Restaurant is in a great location in a busy plaza with neighboring retail stores, restaurants and franchises. This deli and restaurant has great reviews and a loyal customer base. This business is authorized to sell the New Jersey Lottery and has a license to sell tobacco products. Current owner leases the property, new owner will need to be approved by the landlord.
Frequently Asked Questions:   Price: $185,000   Cash Flow: $98,366   Financing: Yes   Listing: Active
What is the current gross revenue for this restaurant? The current gross revenue being generated is estimated at $363,410.
How does the restaurant profit? Current profits are generated from the gross revenue, minus food purchases, payroll, supplies, and operating expenses. This will determine your net/cash flow.
Can I finance this restaurant? Seller will finance up to $85,000. Terms to be discussed. This business may qualify for a business or SBA loan. If more financing is needed for startup cost you can review additional Financing Options Here.
What are my expenses and overhead for a restaurant business? Expenses will vary for each restaurant owner depending on the type of restaurant, number of employees, and location. Current expenses for this owner include: payroll, payroll taxes, workers compensation, advertising, supplies, food, utilities, property rental fees, permits and licenses, phone, and liability insurance.
Is the restaurant property owned or leased? Currently the owner leases the property (gross lease). New owner must be approved by the landlord. Note: New buyer will sign lease terms with the property owner.
Where is the restaurant located? Located in the Fairview, New Jersey region. Physical address will be released to qualified buyers upon execution of an NDA.
What type of equipment is included with the sale? Current list of equipment includes: walk-in cooler, shelving units, prep tables, hood, new ac unit, tables chairs for up to 8 guests, small-wares, fryers, website, social media accounts, stove and much more. Estimated value is $40,000.
What size and how many customers can this restaurant seat? This restaurant is 1600 sq.ft and can seat 8 inside.
Does this restaurant currently have a beer or liquor license? No, there is no beer or liquor license included with this sale.
Does the restaurant offer drive-thru or delivery service? There is no drive-thru or delivery service but an online ordering service is offered.
How long has the seller owned the restaurant? Seller has owned this restaurant for 1 year.
Why is the owner selling? Seller is relocating out of state.
What are the hours of operation? This restaurant and deli is operated from 6am - 5pm Monday through Friday and 6am - 3pm on Saturday.
What else should I know? Established restaurant opportunity. Turnkey and move in ready. Includes the cost of all equipment. Great reviews and great location. Plenty of opportunity to increase revenue. Priced at $185,000. Some seller financing available. For additional information and to evaluate this business further Contact Us About This Restaurant Here!
Disclaimer: Restaurants For Sale is a Restaurant Broker that brings buyers and sellers together. Restaurants For Sale does not represent, or is not affiliated with the company or franchise being offered. All agreements are made between the buyer and seller and not Restaurants For Sale. It is the prospective Buyer's duty and obligation to verify the accuracy of the Sellerís representations and if necessary retain attorneys, accountants, business appraisers, or other professionals. The representation of income is based on the efforts of the current owner. As with any business you can make more or less.