Hoboken NJ QSR - Latin / American Restaurant For Sale - Business for Sale

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Latin American Quick Service Restaurant in Hoboken, NJ

Hoboken, NJ, US
Added 3 days ago
Food & Beverage, Retail Stores
5 years in business
RemoteAbsentee / Semi-Absentee

A Latin American quick service restaurant located in Hoboken, NJ, operating in a 600 sq. ft. space with a full basement and a turnkey build-out.

Key Information

Asking

$485K

Revenue

$1.3M

Earnings

$212K

Multiple

2.3x

Key Highlights

  • 600 sq. ft. main space with full basement
  • 5 years in operation
  • $300,000 invested in build-out and FF&E
  • Current cost of goods sold (COGS) is 40%
  • Operated 75% absentee
  • Low rent and long lease with favorable terms
  • Business is relocatable

Contact Info

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