84 Boonton Ave

    Kinnelon Boro, NJ 07405
    • $229,000
    • STATUS: Active
    • ON SITE: 235 days
    • MLS #: 3413994
    $229,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,020
      SQFT
    • $225
      $/SQFT
    Type:
    Business Opportunity
    County:

    School Ratings & Info

    Description

    Completely turn key, profitable fast casual restaurant in new commercial building. Over 130k of new kitchen equipment installed in the past 2 years. This location has been open for under 2 years and still produced over 500k in gross operating income last year. With a monthly lease of only $2,166, average utility bill of $1,000 per month, employee wages, and inventory. last year's net operating income was north of $150,000. In spite of being new to the market place, this very profitable small business has tons of room for expansion with the proper marketing and adverting. Current owner offering 2-3 month training period to help transition new owner/management.

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    © 2018 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Dekanski Home Selling Team :: RE/MAX 1st Advantage. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than The Dekanski Home Selling Team :: RE/MAX 1st Advantage are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2018-04-21T15:01:52.697.
    www.gardenstatehomesearcher.com/homes/76277701

    84 Boonton Ave Kinnelon Boro, NJ 07405

    • Price: $229,000
    • Status: Active
    • MLS #: 3413994
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1,020
    SQFT
    $225
    $/SQFT
    County:
    Morris
    Area:
    Kinnelon Boro
    Property Description
    Completely turn key, profitable fast casual restaurant in new commercial building. Over 130k of new kitchen equipment installed in the past 2 years. This location has been open for under 2 years and still produced over 500k in gross operating income last year. With a monthly lease of only $2,166, average utility bill of $1,000 per month, employee wages, and inventory. last year's net operating income was north of $150,000. In spite of being new to the market place, this very profitable small business has tons of room for expansion with the proper marketing and adverting. Current owner offering 2-3 month training period to help transition new owner/management.
    Exterior Features

    Garage Description None Parking Driveway Description Parking Lot-Shared Road Type County Street

    Interior Features

    Available Sq Ft 1020 Basement Yes Basement Description Full Cooling Central Air Fuel Type Gas-Natural Number Of Lavatories 1

    Property Features

    Business Classification See Remarks Business Name Munchy's Documents Available Financial StatementsLeases Existing Lease Seller Does Not Own BuildingRenewal OptionLease Transferable Gross Operating Income 500000 Heating Forced Hot Air Lease Amount Month 2166 Net Operating Income 150000 Ownership Type Sole Proprietorship Primary Business Classification See Remarks Real Estate For Sale No Re Available Sewer Public Sewer Total Operating Expense 350000 Utilities ElectricGas-Natural Utility Amount 12000 Water Public Water

    Listing information © 2018 Garden State Multiple Listing Service,LLC.
    Listing provided courtesy of Better Homes And Gardens Rand.


    © 2018 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Dekanski Home Selling Team :: RE/MAX 1st Advantage. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than The Dekanski Home Selling Team :: RE/MAX 1st Advantage are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2018-04-21T15:01:52.697.
     
    The Dekanski Home Selling Team :: RE/MAX 1st Advantage
    170 Inman Avenue
    Colonia NJ, 07067