Price: $225,000

Location: Hudson County, New Jersey

Industry: Restaurant

Listing ID: REST817

Profitable diner/luncheonette in an urban area of Hudson County, northern New Jersey, and minutes from the New York Lincoln Tunnel. The owner is now retiring after thirty years in the food service industry. This active diner is in the heart of a highly populated urban and commercial area, with limited hours, has a gross yearly income of approximately $500,000 and a solid yearly net income to the owner operator. The sale includes a long-term lease agreement at fair market value with additional extensions. The facility has a seating capacity for eighty customers with a clean attractive image. The business also offers a delivery service, which represents approximately fifteen percent of the gross income. This is a dependable business opportunity and owner financing is available.
The business fixed assets have an estimated value of approximately $75,000 which is based on replacement cost, representing equipment, licensing, etc. The accurate value of the assets will be calculated during the allocation period. This transaction consists of a fully equipped commercial retail operation, which includes, required municipal & state licenses, web site, social media venues, full commercial kitchen, shelving, POS system, tables, computer, software including all the necessary equipment to maintain the daily business operation and a list of assets will be supplied to purchaser upon request.

Listing Details

Revenue: $500,000

Cash Flow: $100,000

FFE: $95,000 (Included in Price)

Inventory: $1,000 (Included in Price)

Reason For Sale:

The owner is retiring after many years of success in the retail food service industry.

Training & Support:

The owner will remain after closing and supply an appropriate transitional period.


Year Established: 1980

Days & Hours of Operation: This luncheonette diner is operational seven days per week with limited hours from 6:30 am to 3:00 pm daily.

Owner Hours Per Week: Full Time

Employees: This business has four employees who are unaware of the pending sale and fully expected to remain post-closing, monthly payroll is approximately $6,930.


Security on Lease: Two Months

Lease Option: Yes, Available

Monthly Rent: 3500

Type of Location: Commercial Avenue

Square Footage: 1600

Relocatable?: Yes

Facilities Information:

The facility is sixteen hundred square feet with a clean attractive image. The facility has a stage kitchen and a full-length diner counter for fast food service and various tables for private seating. The general area consists of a highly populated urban city with a large volume of commercial businesses. The business is located on a commercial avenue with lots of walk-in customers and substantial municipal parking.


Owner Qualifications:

No particular qualifications are required for this food service industry other than the standard municipal licenses.


The business is located in a highly commercial area; however, no new competitors are expected in this area and the owner will supply an appropriate non-compete agreement to the purchaser.

Potential Growth:

Although the diner has a consistent and dependable income, with an improved marketing system for additional delivery and catering is available to further improve the gross sales to the owner operator.


seller financing has been approved to a qualified buyer with an appropriate down payment, collateral, and credit rating.


Ron Cervelli

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