Dino Sandwich Cafe winding down

2/22/2011:

Dino Cafe will exit Hoboken; May 2011 or sooner

Spoke with the owner of Dino Sandwich Cafe (614 Washington) a week or two ago – and he told me that he’s calling it quits here in Hoboken.

In my time as a semi-regular customer there (try the #B12 breakfast sandwich before they close… awesome! Bacon, Egg, Cheese – and grilled chicken.. yummy!) – I’ve noticed a fairly decent amount of customer traffic. Not Cake Boss lines – but he established a reputable stream of loyal customers from the neighborhood. They enjoyed the consistency, fair value (and I’d suspect the cool pictorial menus as well).

However, his exorbitant rent (over $6,000 per month) cuts so severely into his bottom line, that he put the operation up for sale. He said the latest he’ll be in that spot is May, 2011. If a deal is made with a prospective buyer – it’ll be sooner.

Nice knowing you, Dino – and best of luck with your future endeavors!

Leave a Reply

19 Comments on "Dino Sandwich Cafe winding down"

freewheelin
Member

Too bad. Their mutz and tomato sandwich is excellent. Love their crispy breads.

blaueaugen
Member
blaueaugen

cool thanks, great info here

The Professor
Member
The Professor

Look up the tax records for this place and do the math- for the ENTIRE property the owner’s monthy tax burden works out to around $1500. Dino’s rent alone would yield a $4500 profit, but there is no telling what upstairs tenants are paying as well. This is such highway robbery, and meanwhile the owner has a Church Towers address. Dino is making the right move to get out- I just hope the future prospects do their research before signing anything!

blaueaugen
Member
blaueaugen

Where can you go to look up tax records? What website?[quote comment=”203624″]Look up the tax records for this place and do the math- for the ENTIRE property the owner’s monthy tax burden works out to around $1500. Dino’s rent alone would yield a $4500 profit, but there is no telling what upstairs tenants are paying as well. This is such highway robbery, and meanwhile the owner has a Church Towers address. Dino is making the right move to get out- I just hope the future prospects do their research before signing anything![/quote]

escaped68
Member

Go to the asbury park press web site,APP.COM, and on the top look for data universe click on it. The site has all kinds of info for the entire state[quote comment=”203646″]Where can you go to look up tax records? What website?

[/quote]

homeworld
Member

tax1.co.monmouth.nj.us/cgi-bin/m4.c...38;block=205&lot=37&qual=

Taxes are $18,367.91 for the whole building. [quote comment=”203646″]Where can you go to look up tax records? What website?

[/quote]

The Professor
Member
The Professor

Well, for starters you can link right at the bottom of the City of Hoboken website. All you need to know is an address or name. My suggestion if you are really interested in the history of a certain property, then take down the block and lot and enter this into the tax records database available through Monmouth Cty NJ. That’s where you can find out much more about the history of the property. It doesn’t always come up in the first field you pick, but chances are you can find what you are looking for in some format if you try a few times. These are public records, god knows who entered them…[quote comment=”203646″]Where can you go to look up tax records? What website?[/quote]

Hoboken17
Member
Hoboken17

Does he not have a mortgage?[quote comment=”203624″]Look up the tax records for this place and do the math- for the ENTIRE property the owner’s monthy tax burden works out to around $1500. Dino’s rent alone would yield a $4500 profit, but there is no telling what upstairs tenants are paying as well. This is such highway robbery, and meanwhile the owner has a Church Towers address. Dino is making the right move to get out- I just hope the future prospects do their research before signing anything![/quote]

The Professor
Member
The Professor

The sale date was in March 1979 – this property is definitely owned free and clear at this point![quote comment=”203630″]Does he not have a mortgage?[/quote]

Hoboken17
Member
Hoboken17

Well, you cant be angry the guy for making a brilliant real estate investment but you can be angry at the city for not doing a revaluation of properties in the past 30 years. Hoboken wants more tax revenue? There’s your answer.

The rent is only as high as someone is willing to pay…..[quote comment=”203631″]The sale date was in March 1979 – this property is definitely owned free and clear at this point![/quote]

nacholibre
Member
nacholibre

I’m sure they at least pay the higher income surcharge. 😯 [quote comment=”203624″]Look up the tax records for this place and do the math- for the ENTIRE property the owner’s monthy tax burden works out to around $1500. Dino’s rent alone would yield a $4500 profit, but there is no telling what upstairs tenants are paying as well. This is such highway robbery, and meanwhile the owner has a Church Towers address. Dino is making the right move to get out- I just hope the future prospects do their research before signing anything![/quote]

The Professor
Member
The Professor

I’m not so sure of anything in Hoboken…[quote comment=”203629″]I’m sure they at least pay the higher income surcharge. [/quote]

Hoboken17
Member
Hoboken17

I think the ideal successor here is the Pizza/Cleaners/Nail superstore

homeworld
Member

He was closed on Friday at like 6pm. I assumed it had already shut down.

wpDiscuz