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Plaza diner with property to build on

edison, New Jersey (Bergen County)

Retail - Restaurants | Services - Hotels & Other Lodging

$Seller Financing Available

Asking Price $5,600,000 Inventory $200,000** 
Gross Income $1,920,000 Real Estate  
Cash Flow $444,000 Year Established 1998
FF&E yes* Employees 19

* included in the asking price

** not included in the asking price

Plaza diner with property 2066 rt 27 edison,nj 08817 gross income 160,000 per month pay roll 43,000 pay roll tax 3,000 pes&g 8,500 R/E tax 3,600 sales tax 5,600 sewerage 1,000 tel/water/garbage 2,300 credit card/cpa 2,300 maintenance 2,000 linen/enviro safe/soap 1,800 general liability 900 workers comp 300 website/payroll controll 400 total -123,000 net 37,000 per month

Facilities: Plaza diner w/property great opportunity to own your own diner and build on the property because its huge!! the property around the diner has approval to build 70 units (hotel or condo)

Competition: Best location in edison nj

Growth/Expansion: This is a great diner always full .... building on the property will bring more customers !! you can build 70 units on this property either hotel or condo.......

Seller Financing Available: Yes

Support/Training: Yes

Reason Selling: Owner Is Retiring

Business For Sale By

roman

201-294-5697

Bridge Realty

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