Print Friendly, PDF & Email

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
Name

Email

Phone

Comment


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: $ 660,000
Cash Flow: $ 156,900
EBITA: $ 156,900
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 Atlantic County, NJ.  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 since opened. Large ice cream business in summer. Serving mostly breakfast and lunch. Only open for dinner in Summer and weekends in winter. 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.


Financing/Terms:

Seller Finance $300,000 @ 6%



Memberships