Diner with Real Estate For Sale in South Jersey

Asking Price$2,900,000

Cash Flow
$213,105

EBITDA$213,105

Gross Revenue$805,696

Inventory$10,000
Not included in asking price
FF&ENot Disclosed

Real Estate$2,200,000
Included in asking price
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Diner with Real Estate For Sale in South Jersey


Asking Price$2,900,000

Cash Flow
$213,105

EBITDA$213,105

Gross Revenue$805,696

Inventory$10,000
Not included in asking price
FF&ENot Disclosed

Real Estate$2,200,000
Included in asking price

Seller Financing Available
Business Description
Diner with Real Estate and LL For Sale
Diner for sale with real estate in South Jersey. Family owned and operated for 49 years. 7,000 square feet on 1.16 acres. Liquor license worth $450,000. Excellent location on a main highway with strong demographics. Current hours of operation from 8 am to 3 pm, serving only breakfast and lunch. Potential to grow business with extending hours to serve dinner and utilizing the liquor license with the large bar area in already place. Seller will hold $500,000.
About the Business
Years in Operation
49
Employees
16
Facilities & Assets
Seats 230.
Market Outlook / Competition
Current hours of operation are Tuesday thru Sunday 8 am-3 pm, closed Mondays.
Real Estate
Owned or Leased
Owned
Included in asking price
Building Sq. Ft.
7,000
About the Sale
Seller Motivation
Retiring
Transition Support
2 Weeks
Financing Options
Seller will hold $500,000 at 6% for 5 year balloon/25 year payout.
Listing Info
ID
2352301
Listing Views
807

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Business Listed by: Maureen Murray-OMalley Murray & Associates

Listing ID: 2352301 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.