MergerPlace

Price Reduced - Main St Restaurant

Haddonfield, New Jersey


  • Asking Price: $175,000
  • Gross Income: $450,000
  • Cash Flow: $110,000
  • Real Estate: Not Disclosed
  • Inventory: $3,000
  • FF&E: Not Disclosed
  • Listing ID: #205270
  • Established: 2013
  • Employees: 3FT/7PT

Business Description

Price Reduced - Do you like a downtown restaurant atmosphere, then this is Your spot. Downtown restaurants draw customers from walk-ins coming to special downtown events and this allows you to draw from particularly far from you standard radius. It also helps get you known and when you have a customer, you can keep them coming back with Great food and Excellent service. This restaurant has both already working for you. They offer specialty sandwiches, indoor and outdoor seating for those cool summer nights, Sunday brunch, and you can even add breakfest to the menu if you like. In NJ, you can locate a winery and offer their wines in your restaurant with a special liquor license. The owner works with a local brewery just doors away and delivers food to the brewery and customers stop at the brewery and come to the restaurant. A nice complimentary business relationship. There are over 5,000 customers on his marketing list for you to draw from. They hold special events and also do catering. The owner is semi-absentee and has multiple shops and bars so he said, Sell it. Cash flow noted is for owner/operator
working 50hrs/wk before debt service taking NO salary.


Business Details

Primary Business Category: Restaurants, Bars & Other Food Services
Location: New Jersey
Metropolitan Area: Haddonfield

Company Information

Year Established: 2013
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 3FT/7PT

Financial Information

Asking Price: $175,000
Gross Revenue: $450,000
Cash Flow: $110,000
EBITDA: $110,000
Inventory: $3,000
Seller Financing Available: No

Property Information

Facilities:

all equipment is in good working order

Reason for selling:

owner has too many businesses

Support & Training:

2wks, owner has gift shop across the street and will answer questions

Contact Business Seller

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Business Listed By:

Dave Cantera

KeystoneBizBrokers.com