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Listing ID: 3173614

Indian Restaurant in Mercer County - 32834 For Sale

Mercer, New Jersey, United States

$ 175,000

(Furniture / Fixtures included)

Revenue: $ 500,000

Cash Flow: $ 60,000

Business Description

This is a well-appointed restaurant serving modern Indian cuisine located in Mercer County, New Jersey ideally situated along a well trafficked highway and in the heart of a highly populated Indian community. The restaurant enjoys a long-term lease. Still profitable, but less so than in recent years as one million square feet of shopping space, a few stores away, in its strip mall closed down and ownership accepted a full-time job in New York. Absentee ownership and the cost of a full-time manager and part-time staff became the result. However, the neighboring space in its entirety has now been leased to a long-established consumer product business and occupancy is expected in January, 2020. The owner of our restaurant prefers his full-time, white collar work and will sell his restaurant preferably to an owner-operator who can benefit from, and who will enjoy the employees and the visitors of this up-coming enterprise as guests of its restaurant.

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

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Property Details

Years Established:

1.5

FF&E:

$ 15,000

Inventory Value:

$ 5,000

Other Details

Operation Details

Employees:

1 FT/4 PT

Support & Training:

Seller will train

Miscellaneous

Financing Available:

Yes
90,000.00 Down & Balance of $85,000 due over 12 months @ 0%

Reason For Selling:

Employed

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