Hoboken, NJ: Latin/American QSR Restaurant - High Gross, Strong Net
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Financial Details
- Asking Price:
- $599,000
- Annual Revenue:
- $1,500,000
- Cash Flow / SDE:
- $302,000
- Valuation Multiple:
- 2.0x
- Location:
- Hoboken, NJ, US
- Source:
- Date:
- June 16, 2025
Key Highlights
- Quick service Latin American restaurant in Hoboken, NJ.
- Generates $1.5M gross revenue with $300k+ net, run absentee.
- Significant upside for owner-operator to improve profitability; favorable lease and low rent.
Description
A Quick Service Restaurant (QSR) serving Latin American cuisine in Hoboken, NJ. The business is currently run absentee and generates $1.5M in gross revenue with a net of $300k+. The listing suggests significant upside potential for an owner-operator to improve profitability by managing payroll and cost of goods. The business has a favorable lease, low rent, and a $300k build-out.
Industry Information
- Industry Description:
- Restaurants
- Classification:
- Restaurants & Food
Listing Details
- Listing ID:
- f810e4b8-d5a9-42ce-8dea-176ac642504d
- Deal Status:
- For Sale
- Date Posted:
- June 16, 2025
- Last Updated:
- June 16, 2025
- Currency:
- USD
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