ID# 1521 - Classic New Jersey Diner

Central NJ

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Asking Price: $495,000

 

Business Description

This legendary diner has been an area staple for many years. A throwback to the vintage New Jersey diner, it is a favorite 24/7 go-to for fast and satisfying comfort food. With experienced staff already in place, great online reviews, and close proximity to the public transportation and Garden State Parkway, there is still plenty of room for growth at this beloved location. With strong and steady year-round sales, this venture has been a proven success for the current owners and has afforded them the opportunity to retire and pass on the legacy to the next ambitious operator. In the spirit of ensuring the ongoing success of this great money-maker, the seller has offered to stay on to train the new owner. Total asking price is $495,000. With a down payment of $175K, the seller is willing to finance the balance for 10 years at 6.25% interest for a well-qualified buyer and will create a new lease with a minimum of 10-years with 2 – 5-year options. This iconic location won’t last long. Give us a call to schedule your showing at 201-845-3700.


Detailed Information

Real Estate: Leased

Building SF: 1,455

Sale Includes: Business, New Lease, and Furniture, Fixtures & Equipment

 

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