Breakfast/Lunch restaurant for sale in Cape May County, NJ
(Food and Beverage, Restaurant)
Cape May County, New Jersey
Listed Price: $ 450,000
Listing ID: 1533A
Listing DetailsGross Revenue: $ 839,000
Cash Flow: $ 205,000
EBITA: $ 205,000
Inventory: $ 4,000
Reason for Sale:
Other Interests
Training & Support:
2 - 4 Weeks
OperationsYear Established: 2013
Last Acquired: 2013
Days & Hours of Operation: 7am-2pm 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. 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. Hours of operation 7a to 2p daily. Being run absentee owner. New owner could increase business by extending hours of operation and adding catering. Option to purchase real estate that includes 2 income producing residential rental units.
Potential Growth:
Extend hours and add catering.