Hoboken NJ QSR - Latin / American Restaurant

High-Grossing QSR in Prime Urban Location | $1.3M Gross | $200K+ Net Potential | Low Rent | Turnkey Build-Out Unbelievable opportunity for an experienced owner/operator to step into a high-volume, fully built-out 600 sq. ft. Latin American quick service restaurant with massive upside. Currently doing $1.3 million in gross sales, this location is operated 75% absentee—leaving significant room to improve margins and boost profitability under active, hands-on ownership. Key Financial Insights: Current Payroll: 35% of revenue Current Cost of Goods Sold (COGS): 40% The $200K+ net income is based on a hands-on owner/operator model managing payroll and food cost more efficiently. With a well-trained and reliable staff, there's no need for authentic Latin American cooking experience—operations are smooth and systems are in place for easy ownership transition. Investment Highlights: $1.3MM Gross Revenue $200K+ Forecasted Net Income with active ownership Recoup your investment in under 2 years Fully Built Out: Stunning $300K build-out, all FF&E in excellent condition Low Rent / Long Lease: Favorable terms for qualified buyer Full Basement: Ample storage and operational flexibility Turnkey Operation: Ready for immediate takeover and growth This is a perfect opportunity for an owner/operator or experienced QSR professional looking to capitalize on a proven location with untapped earnings potential.