$Seller Financing Available
| Asking Price |
$740,000 | Inventory |
$2,000** |
|---|---|---|---|
| Gross Income |
$419,000 | Real Estate |
$329,100* |
| Cash Flow |
$125 | Year Established | 1984 |
| FF&E |
N/A | Employees | N/A |
* included in the asking price
** not included in the asking price
GO HOME AT 2:00PM DAILY!! This Cape May County luncheonette has been an institution for over 25 years. Located on a busy highway, the restaurant serves breakfast and lunch, in a down home country setting. Restaurant was recently renovated and seats 60 plus. Sales are 60% Breakfast and 40% Lunch. New owner/operator could add dinner, ATM, and even lottery to increase the bottom line. Sale includes the real estate the restaurant is on and a separate 1 bedroom rental apartment. Owner will consider selling business separate from real estate. Cash flow projected is for one full-time owner/operator.
Facilities: 2500 sq ft free standing building
Seller Financing Available: Yes
Financing: 190,000
Support/Training: 2 weeks

Tannenbaum & Aalok
800-662-9507
Tannenbaum & Mehta
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