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Broker Name:Murray & Associates
Broker Email:murrayeleanor46@gmail.com
Broker Phone:
Cherry Hill:
856-428-8900
Atlantic City:
609-441-1234
Toll Free:
866-2-Murray
Broker Contact Form
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Restaurant w/RE for Sale!
(Restaurant/Diner, Fast Food/Ice Cream)
Atlantic County, New Jersey
Listed Price: $ 899,000
Listing ID: 1344

Listing DetailsGross Revenue: $ 700,000
Cash Flow: $ 178,000
EBITA: $ 178,000
Real Estate: $ 800,000 (Included in Price)
Inventory: $ 12,000 (Included in Price)
Reason for Sale:

Retiring


Training & Support:

2-4 Weeks


OperationsYear Established: 1968
Days & Hours of Operation: 8am-10pm Summer 8am-4pm Winter
Owner Hours: FT
Employees: 2FT- 8PT
Absentee Owner: No
LocationLease Expire: 0000-00-00
Type of Location: Stand Alone
Facilities:

3000 SF Free standing building. Large corner property. Seats 100.


SummaryBusiness Description:

Restaurant for sale with real estate in Camden County serving breakfast and lunch. Large corner property at very busy intersection. Completely renovated 2 years ago. Seats 50 inside and 50 outside $175,000 in equipment. Sales have been increasing each month. Large ice cream business in summer. Owner willing to do seller financing for $300,000 Comes with a duplex that brings in $27,000 in rental income. Excellent opportunity for cook owner/operator. Current owner pays cook $59,000 a year. Only opens for dinner in summer because open late for ice cream.


Financing/Terms:

Seller Finance $300,000 @ 6%



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