Available
Price Drop - Hoboken NJ QSR - Latin / American Restaurant - Prime Location - $1.3M Gross - Net to Owner Operator over $200K
$485.000
Description
🔥 High-Grossing QSR in Prime Urban Location | $1.3M Gross | $200K+ Net Potential | Low Rent | Turnkey Build-Out 🔥
Unbelievable opportunity for an experienced owner/operator to step into a high-volume, fully built-out 600 sq. ft. Latin American quick service restaurant with massive upside. Currently doing $1.3 million in gross sales, this location is operated 75% absentee—leaving significant room to improve margins and boost profitability under active, hands-on ownership.
📊 Key Financial Insights:
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Current Payroll: 35% of revenue
-
Current Cost of Goods Sold (COGS): 40%
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The $200K+ net income is based on a hands-on owner/operator model managing payroll and food cost more efficiently.
With a well-trained and reliable staff, there's no need for authentic Latin American cooking experience—operations are smooth and systems are in place for easy ownership transition.
💰 Investment Highlights:
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$1.3MM Gross Revenue
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$200K+ Forecasted Net Income with active ownership
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Recoup your investment in under 2 years
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Fully Built Out: Stunning $300K build-out, all FF&E in excellent condition
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Low Rent / Long Lease: Favorable terms for qualified buyer
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Full Basement: Ample storage and operational flexibility
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Turnkey Operation: Ready for immediate takeover and growth
This is a perfect opportunity for an owner/operator or experienced QSR professional looking to capitalize on a proven location with untapped earnings potential.
For detailed info:
📞 Call/Text Joseph Mesi at 631-236-8598
📧 Email: joseph@eastcoastbusinessbrokers.com
📸 Instagram: @business4salebyjoe
Overview
Property ID:
12325
Type:
Retail - Quick Serve Restaurant- Bagel - Deli- Pizzeria - Taco No Table Service
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