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Business For Sale

Turn-Key 52 Year Old Restaurant on Busy Bus Line

Newark, DE, USA

Food & Beverage: Restaurants, Fast Food, Deli

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

Business for Sale 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 below. 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.
  • The owner may be willing to work for 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

Turn-Key 52 Year Old Restaurant on Busy Bus Line
Business Listed By:
Domenick Michini
Amato Associates
contact the seller
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