Delaware Business For Sale

Turn-Key 52 Year Old Restaurant on Busy Bus Line

Newark, DE

Food & Beverage: Restaurants, Fast Food, Deli

Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$335,000
$335,627
$112,850
$113,850
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
1957
8
10482060

Business Overview:

Well established 52 year old restaurant with good following serving breakfast and lunch daily, with no liquor involved. Several write-ups in local papers and magazines has made this a local landmark. Can be purchased with two other locations as a package deal. New owner can also expand hours. Plenty off street parking available.

For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

Property Features and Assets:

Restaurant has 40's and 50's decor with excellent seating arrangements. Surrounded by the University of Delaware, several businesses and homes makes this business a once in a lifetime opportunity.

Market Competition and Expansion:

This business is the only game in town, with little or no competition. Can expand area if needed, but has been successful with current seating arrangement for the past 52 years. New owner can double or triple already good financial numbers with expansion of hours of operation.

Reason for Selling:

Retirement

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.
  • This is not a distressed business or bankruptcy situation.

Resources:

 

Please Note: The Delaware Business for Sale listings, including any franchise opportunities, business opportunities, and franchises for sale advertised on this web site are not to be considered an "offering" or purchase recommendation by BusinessBroker.net. The individual content of these Delaware businesses for sale listings are submitted to us by business owners, representing business brokers, or other intermediaries and we rely entirely on the accuracy of the information they provide. BusinessBroker.net recommends seeking the advice of a lawyer, financial consultant or accountant before purchasing a franchise opportunity, business for sale, business opportunity, or franchise for sale. Part of the BusinessBroker.net Network. Please review our full Disclaimer for more details.