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

Features & Tags

Quality Verified This listing meets our quality criteria and standards. Verified