Breakfast/Lunch restaurant for sale in Cape May County, NJ with real estate. Business has been established for 12 years. Great location in the heart of a busy shore town with excellent demographics. This property comes with indoor/outdoor seating along with 2 residential rental units that generate additional revenue. Hours of operation 7a to 2p daily. Being run absentee owner. New owner could increase business by extending hours of operation and adding catering.
- Asking Price:
- $2,250,000
- Sales Revenue:
- $839,000
- Cash Flow:
- $377,000
Property Information
- Real Estate:
-
Real Property Included
- Premises Details:
-
Appraisal value of real estate is $1,600,000
- Size in square feet:
- 4,900
Business Operation
- Expansion Potential:
-
Extend hours and add takeout
- Reasons for selling:
-
Other interests
- Trading hours:
-
7am-2 pm daily. Closed Holidays.
- Employees:
- 17
- Years established:
- 12
Other Information
- Support & training:
-
2-4 Weeks
- Inventory / Stock value:
- $4,000
