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Business For Sale

4444 - Restaurant / Deli

Cape May County, NJ, USA

Food & Beverage: Restaurants, Fast Food, Deli

Asking Price:
Year Established:
Employees:
Listing Number:
$995,000
1993
13
398111658
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$542,000
Not Disclosed
$210,000
Not Disclosed

Business for Sale Overview:

Cape May County. Jersey Shore! From walking distance to the beach! This quaint restaurant has people lining up outside to grab breakfast here every summer. Restaurants are getting scarce in this part of the Jersey shore. 60% of the business is breakfast, at excellent profit margins. It seats 48 inside and 35 outside. It sports 3 complete kitchens, with new equipment. New HVAC (gas) new hood system. Some rearranging of the space and the kitchens could result in 30 more seats inside. The restaurant also does a brisk deli and catering business. This business closes during the winter months, from Thanksgiving to April. This is a perfect opportunity for an experienced operator wanting to spend winters vacationing in a warm climate. However, it could be operated year around. Very desirable real estate is included, with 2 rental units and a garage that could also be rented. Real estate was assessed for $785,000 in 2006. Presently both units are rented year-around. The building itself could be expanded to the property line. Investors may want to consider converting this property to other uses.

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

Reason for Selling:

Other business interests

Additional Details:

  • The property is owned.
  • 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.

Contact the Seller:

To contact the seller of this business for sale, please complete and submit the following email form. The seller or broker will be in touch with you typically within 1-3 business days. Fields with an asterisk (*) are required.

Additional Information

4444 - Restaurant / Deli
Business Listed By:
Not Disclosed
Tannenbaum & Mehta
contact the seller
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