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Established Restaurant in Prime Shopping Center

Atlantic County, New Jersey

Asking Price: Gross: Cash Flow:
$275,000 $451,212 $103,714

Furniture and Fixtures Value:
$61,000 ( not included in the asking price)

Business Summary:
LISTING ID # 34874Established Restaurant in Prime Shopping Center with a Major Anchor Tenant. You must see it to appreciate it. You will not be disappointed. They have fantastic reviews and over 16,000 Facebook followers alone. This is the type of place you wish you had in your neighborhood. Friendly staff, high quality food, casual environment. This is an award-winning business in a highly sought-after location. They are only open 5 days per week for lunch and dinner. A new owner can extended this to a full 7 days. In the past year the business grossed approx. $451,212 with an owner-operator cash flow of approx. $103,714. The gross sales have seen strong upward growth throughout 2022. The space is 2,800 sq. ft. with ample parking. The current rent is $3,191.13/mth (incl. CAM). A qualified buyer can obtain a new long-term lease. We are seeking a serious and financially qualified buyer with at least $199K in liquid funds to cover the down payment, but additional funds should be available for working capital, rent security, deposits, etc. All site visits must be discreet. Please do not speak with anyone when visiting the location. All meetings must be scheduled by appointment only!Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at [email protected] or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers. For more information on this listing- copy and paste this link into your browser https://www.vestedbb.com/lid-34874 for instant access to this business information.

 
   
   
Year Business was Established: 2013
   
Number of Employees: 3 FT/6 PT  
   
Owner willing to finance: Yes  
   
Owner willing to train: Seller will train  
   
Reason for selling: Health issues  
 

 

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