Breakfast/Lunch restaurant for sale in Cape May County, NJ with real estate
(Food and Beverage, Restaurant)
Cape May, New Jersey
Listed Price: $ 2,250,000
Listing ID: 1533
Listing DetailsGross Revenue: $ 839,000
Cash Flow: $ 377,000
EBITA: $ 377,000
Inventory: $ 4,000
Reason for Sale:
Other Interests
Training & Support:
2-4 Weeks
OperationsYear Established: 2013
Last Acquired: 2013
Days & Hours of Operation: 7am-2 pm daily. Closed Holidays
Employees: 17
Absentee Owner: No
LocationLease Expire: 0000-00-00
Square Footage: 4900
Type of Location: Stand Alone
SummaryBusiness Description:
Breakfast/Lunch restaurant for sale in Cape May County, NJ with real estate. Business has been established for 12 years. Great location in the heart of a busy shore town with excellent demographics. This property comes with indoor/outdoor seating along with 2 residential rental units that generate additional revenue. Hours of operation 7a to 2p daily. Being run absentee owner. New owner could increase business by extending hours of operation and adding catering.
Potential Growth:
Extend hours and add takeout.