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 to the left. 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.