Family Diner in Jersey City, NJ
Hospitality & Lodging · Bed & Breakfast
- Asking Price
- $2.9M
- Cash Flow
- $225K
- Gross Revenue
- $800K
- EBITDA
- $33K
- Location
- Jersey City, NJ
This long-standing establishment primarily generates income through its morning and midday meal service, operating daily from 8 AM to 3 PM. Situated on a prominent highway, the location benefits from robust local demographics, ensuring consistent customer traffic. A significant growth opportunity exists by expanding operating hours to include dinner service and activating the valuable liquor license. The property already features a substantial bar area, ready for immediate utilization to enhance beverage sales. This turnkey operation, including its real estate and valuable liquor license, offers a clear path for a new owner to capitalize on untapped market potential.
SBA 7(a) estimate
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