Restaurant In Prime neighborhood in South Jersey!

Asking Price$375,000

Cash Flow
$165,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$775,000

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

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Restaurant In Prime neighborhood in South Jersey!


Asking Price$375,000

Cash Flow
$165,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$775,000

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

Business Description
A beautiful restaurant situated in a prime, desirable & busy district of Camden County serving the area for around 11 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 very 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 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.
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
Years in Operation
11
Employees
5
Facilities & Assets
Spacious restaurant equipped with 100+ seating capacity in a 3000 sq ft space, full kitchen, deep freezers and ample parking space in a great high traffic location close to retail chains & major shopping centers!
Opportunities for Growth
Popular amongst neighborhood and outside residents for its specialty cuisine & potential to grow.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
3,000
Lease Expiration
5/1/2027
About the Sale
Seller Motivation
Seller is looking to retire
Transition Support
Seller is willing to provide two weeks training & support for easy transition
Listing Info
ID
2332335
Listing Views
617

Contact Seller

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Business Listed by: Ahmed Saiyed Lamon Assocites

Listing ID: 2332335 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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