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Business For Sale

Restaurant/Diner With Liquor License

Camden County, NJ, USA

Food & Beverage: Restaurants, Fast Food, Deli

 
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$2,300,000
$1,456,000
Not Disclosed
$400,000
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
2007
35
517411658
Owner Financing is Available
200K for 10 yrs at 7.75%

Business for Sale Overview:

Turn key operation. Free standing, most modern building with energy efficiency in mind plus a liquor license (last one sold 16 years ago for $275,000). Built 1-1/2 years ago. Seats 175 people. located in a rapidly growing area-37,000 people within a 2 mile area. Plans in works to expand road to 4 lanes. Nationally know decorator did "above normal" decor. Parking for 52 cars. Did stay open 24 hours originally-did $40,000 a week. Had to close earlier due to health and family problems. Great menu. Excellent food. Baking done on premises. Baked goods being sold separately. Has a prep area, storage and liquor room, office, walk-in freezer 22" x 7-1/2', produce box 22' x 7-1/2', baker box 17' x 5' and bakery. Basement is 3,886 square feet. Owner intended (with Township permission) to use 3/4 of this huge basement as a bar, with separate entrance and sign, but did not proceed due to health issue. Owner felt that a bar in this area would do very well, due to the large population and the traffic at the diner. A real gold mine. No competition in area.

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:

Health issues

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.
 

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