ProfitableTurnkey Restaurant - Net Income $165k, Asking Price $250k!

Asking Price$250,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$775,000

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

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ProfitableTurnkey Restaurant - Net Income $165k, Asking Price $250k!


Asking Price$250,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$775,000

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

Business Description
HIghly Profitable restaurant situated in a prime desirable & busy district of Camden County serving the area for around 11 plus years. This well established business is equipped with a 3000 SQ FT space with charming interiors, full service kitchen with complete staff, 100 + sitting & dining, take-out & delivery.
Recently remodelled, this elegant restaurant is a great choice with tasteful decor, and comfortable seating arrangements for both individuals and groups alike.
Located in huge strip center in a high traffic area, it is surrounded by popular businesses & major attractions. Ample parking and proximity to highways & local attractions makes it sought after and easily accessible.
This restaurant is an integral part of the community and serves as a great space for entertaining big groups, catering, special occasions and more.
With an asking price below 2x earnings, this opportunity delivers a rare mix of affordability and cash flow.
Money Making opportunity with potential to grow for motivated buyer!
All equipment is in good condition and included in the asking price.
The cash flow noted is for an owner/operator working 50 hrs/wk taking NO salary and before debt service
About the Business
Employees
9 (3 Full-time, 6 Part-time)
Facilities & Assets
Charming dining space, fully equipped kitchen, deep freezers & equipment & more. Leased location in a busy strip center with ample Parking!
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
3,000
About the Sale
Seller Motivation
Retirement
Transition Support
Seller is willing to provide 2 weeks of training to the buyer to ensure smooth transition.
Listing Info
ID
2517016
Listing Views
22

Contact Seller

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Business Listed by: Ahmed Saiyed Lamon Assocites

Listing ID: 2517016 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.


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