ALLENHURST, N.J., May 20, 2019 /PRNewswire-PRWeb/ -- There are
currently well over 500 Diners in New
Jersey giving the state the deserving title of "Diner
Capital of the World." They range from the prefab, sleek, silver
bullet or railroad car types to the next generation of neon and
stainless-steel structures to the diverse site-built designs we
have come to know today. These side-of-the-road eateries are known
for their window booths, counter service, juke boxes, local themes
and convenient round the clock hours. Ever since 1912, when the
first "lunch wagon" – the horse-drawn precursor to modern diners –
was purchased and built in a Bayonne home and set up shop on a street in
West Hoboken, known today as
Union City, the concept caught on
to be much more.
Everyone who lives in New
Jersey has their favorite Diner as well as their favorite
Diner story or memory – late night antics, weekend breakfasts,
meals after celebrations, meetings, even funerals. Particularly
dominated by Greek families, Diners offer some traditional Greek
menu favorites along with the ever present, larger than life, huge
personality, Greek owner. They became our community restaurants;
places where Jerseyites could gather, feel relaxed and enjoy good
food and large portions at a fair price.
So what is it that attracted us to these Diners in the first
place? It's probably the always accessible 24-hour service;
breakfast anytime; owner always on premises to greet you and
address any complaints; extensive menu – something for all members
of the family; "all baking done on premises"; daily specials
featuring all American comfort foods – homemade soups, meatloaf,
chicken pot pie, pot roast, club sandwiches, open hot sandwiches
and the must have French fries 'n gravy or disco fries… just to
name a few. When you think about it, the Jersey Diner has really
been an integral part of our lives.
However, like all food and beverage related businesses, Diners
have had their fair share of challenges, especially with a concept
that is ever-evolving. Breakfast chains like IHOP, Perkins and
Denny's made a stake near every hotel, motel and anywhere else in
need of an all-hours service, while Dunkin and Starbucks have
saturated the competition for the perfect ground of coffee beans.
As for most restaurateurs, finding, training and maintaining good
help as well as controlling costs and payroll is struggling for
diner owners. Even the long-standing profit center of 24-hour
service has diminished due to a change in the ways young patrons
drink and go out in the NJ club scene.And at a time when Baby
Boomer Diner owners are getting ready to retire, they struggle to
keep their traditional "family business" in the family as their
children are opting for careers as doctors, lawyers and business
professionals.
So, what does the future hold for our beloved NJ Diners? As a NJ
Licensed Real Estate professional at Bielat Santore & Company,
that has been exclusively involved in the sale of food and beverage
related businesses and real estate for over 40 years, I have
decided to give special attention to the Diner marketplace. I find
it to be a vibrant market with many opportunities for both buyers
and sellers. Regardless of the breakfast/lunch spots that have
populated over the years, people still favor the experience of
dining at a Diner. When anything your stomach could possibly crave
is at your fingertips, it's hard not to gravitate towards the big
neon lights illuminating off the highway. Maybe we still dream that
we are settled into a classic 1950's style diner with Danny and
Sandy while Grease Lightning plays on the jukebox, or fantasize
that we are in the "Swingin" video by Tom
Petty and the Heartbreakers while having our morning cup of
joe. From my personal experience, the Diner scene is still a go-to
dining location for many as New
Jersey continues to hold their title as the "Diner Capital
of the World" strong and proud.
I currently have (5) Diners listed for sale as well as (5)
national chain stores available for conversion to privately owned
Diner operations. Contact me at 732.531.4200 for more information
on these properties or visit our website at http://www.123bsc.com
to see other NJ restaurants for sale.
About Bielat Santore & Company
Bielat Santore & Company is an established commercial real
estate firm. The company's expertise lies chiefly within the
restaurant and hospitality industry, specializing in the sale of
restaurants and other food and beverage real estate businesses.
Since 1978, the principals of Bielat Santore & Company,
Barry Bielat and Richard Santore, have sold more restaurants and
similar type properties in New
Jersey than any other real estate company. Furthermore, the
firm has secured in excess of $500,000,000 in financing to facilitate these
transactions. Visit the company's website, http://www.123bsc.com
for the latest in new listings, property searches, available land,
market data, financing trends, RSS feeds, press releases and
more.
SOURCE Bielat Santore & Company