3532vm Prepared Seafood Rest.
Burlington, New Jersey
| Asking Price: |
Gross: |
Cash Flow: |
| $189,000 |
$337,000 |
$103,318 |
Furniture and Fixtures Value:
$100,000 (included in the asking price)
Inventory Value:
$1,500 ( not included in the asking price)
Business Summary:
Fantastic reputation and give away priced goodwill in the purchase of this restaurant. Voted #1 best take out crabcakes by the Courier Post 2007, specializing also in blue claw crabs (bay style or famous roasted garlic). Located on major East/West highway on sparkling new mall. This store has prime spot in mall located next to area's most exclusive tanning and beauty salon. Since rating article was published July 2007, Crabcake business on steady rise. All seafood menu brings in patrons from all over to this easy to get to spot. Dine in 5%/95% takeout and delivery. Average takeout check $33.00 Delivery $200.00. Store is clean with only seafood items (restricted by lease). Set up with window display items deli style for all seafood production fish fillets, condiments, soups and cooked crab and crabcakes. Located in area where school system is rated best in state.
|
|
| |
|
| |
|
| Year
Business was Established: 2005 |
| |
|
| Number of Employees:
3 |
|
| |
|
| Facilities / Terms of Lease:
Neat, modern, well equipped restaurant located in new mall on major highway |
|
| |
|
| Potential
Growth/Expansion:
If there ever was a model to follow to build a franchise, this restaurant take out would be in the forefront. Wholesale seafood business easy to develop. |
|
| |
|
| Competition:
This store is unique in its offering and menu - based mostly on crab cakes. |
|
| |
|
| Owner
willing to finance:
owner willing to take 3 year payout at 6.5% |
|
| |
|
| Owner
willing to train:
2 weeks |
|
| |
|
| Reason for selling:
owner wishes to return to corporate world. |
|
|
|
| REQUEST MORE INFO |
 |
|
