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4023 Route 9

Howell, NJ 07731
  • $199,000
  • STATUS: Active
  • ON SITE: 98 Days
  • MLS #: 22128046
$199,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,000
    SQFT
  • $100
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1967
County:
Area:

School Ratings & Info

Description

Incredible Opportunity to Acquire a Well Established Profitable turn-key restaurant. This successful family owned business has a long standing excellent reputation serving the community with great homemade food over the past five decades. Located on highly trafficked State Route 9 in Howell's Aldrich Plaza shopping center, this neighborhood favorite is surrounded by other busy retailers, including large anchor stores. A pillar of the community, this bustling business has loyal clientele and a constant flow of people. Specializing in breakfast and lunch service, additional income streams include take-out and delivery; heat-n-eat home cooked prepared meals, catering with strong local and municipal following; and Express bus ticket sales for Academy and NJ Transit. New lease assigned optionalThe business is open daily from 5:30 am to 2 pm. New owners can keep the same hours as this very profitable business or extend them for much more growth potential. Current owners are retiring but willing to train the purchaser. With a substantial down payment, they may also be willing to hold the mortgage for a qualified buyer.

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© 2021 Monmouth-Ocean MLS. 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. Data is deemed reliable but is not guaranteed accurate by the MLS or The MEEHAN Group of RE/MAX New Beginnings Realty. Data last updated 2021-11-30T00:19:22.337.
www.sellitpat.com/homes/120741227
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4023 Route 9 Howell, NJ 07731

  • Price: $199,000
  • Status: Active
  • On Site: 98 Days
  • MLS #: 22128046
0
Beds
0
Baths
0
½ Baths
N/A
Acres
2,000
SQFT
$100
$/SQFT
1967
Built
Neighborhood:
Howell (HOW)
County:
Monmouth
Area:
Howell (HOW)
Property Description
Incredible Opportunity to Acquire a Well Established Profitable turn-key restaurant. This successful family owned business has a long standing excellent reputation serving the community with great homemade food over the past five decades. Located on highly trafficked State Route 9 in Howell's Aldrich Plaza shopping center, this neighborhood favorite is surrounded by other busy retailers, including large anchor stores. A pillar of the community, this bustling business has loyal clientele and a constant flow of people. Specializing in breakfast and lunch service, additional income streams include take-out and delivery; heat-n-eat home cooked prepared meals, catering with strong local and municipal following; and Express bus ticket sales for Academy and NJ Transit. New lease assigned optionalThe business is open daily from 5:30 am to 2 pm. New owners can keep the same hours as this very profitable business or extend them for much more growth potential. Current owners are retiring but willing to train the purchaser. With a substantial down payment, they may also be willing to hold the mortgage for a qualified buyer.
Exterior Features

Construction Siding Brick Exterior LightingPersonnel DoorSign Garage No Location Near BusstopNear Parkway AccessNear Turnpike AccessStrip Mall Lot Dimensions 20'X110' Parking Driveway On SiteOpenPublic Lot

Interior Features

Heat Fuel Natural Gas Interior Fire AlarmSecurity SystemSprinkler Min Ceiling Height 12.00 Seat Capacity 60 - 99 Sq Ft Available For Lease 2000.0000 Water Heater Natural Gas

Property Features

Assessment Status To Be Assessed Assessment Total 0.00 Business Name Colonial Coffee Shoppe Business Operating Yes Commercial Type Business Deed Restrictions No Documents Available Financial StatementFixture ListFurnishingsInventory ListLeaseOperating StatementTax Returns Electric1 Other - See Remarks Farm Assessed No Financials Per Year Franchise No Gas At Street Gross Income 425000.00 Handicap Access Yes Lease No New Construction No Operating Income 250000.00 Sale Yes Sale Excludes Inventory Sale Includes Business NameEquipment/FurnitureLicenseMachineryPhone SystemSignsTraining By Owner Sewer Public Sewer Tax Year 2020 Taxes 6600.00 Total Expenses 175000.00 Use OtherRestaurantRetailShopping Center/Mall Water Public Water Year Established 1971.00 Zoning CommercialRetail

Listing information © 2021 Monmouth-Ocean MLS. Listing provided courtesy of Lisa Massetti of Neuhaus Realty, Inc..


© 2021 Monmouth-Ocean MLS. 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. Data is deemed reliable but is not guaranteed accurate by the MLS or The MEEHAN Group of RE/MAX New Beginnings Realty. Data last updated 2021-11-30T00:19:22.337.
 
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The MEEHAN Group of RE/MAX New Beginnings Realty
509 Main Street
Toms River NJ, 08753