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Business for Sale Summary

Spacious 3,300 SF Restaurant in Camden County NJ - 30733

Business Type: bar/tavern/night clubs,other eating & drinking places,other food stores,restaurant/ cafes/ diners
Spacious 3,300 SF Restaurant in Camden County NJ
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This business has received 71 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $125,000 Down Payment $125,000
Gross Revenues $650,000 Lease Remaining Register Free to View
Owner’s Cash Flow $130,000 Number of FT Employees Register Free to View



Business Description

Spacious 3,300 sq. ft. restaurant in affluent community. This is a chef's dream! This restaurant is located in one of best neighborhoods in Southern New Jersey. A buyer can keep the current concept, or convert it to any other type of restaurant. This is a huge 3,300 square foot space, including indoor seating for 90 and outdoor seating for 32. There is a huge dining room, office and full kitchen space with two hoods. The current rent is $6,000/month, with the possibility of, at least, a new 10-year lease. In the past year, the business grossed approx. $650,000.00, with a cash flow of approx. $130,000.00. The location provides guests access to the middle of the town, as well as direct access to town events during holidays and special events. We are seeking a serious and financially-qualified buyer with at least $137K in liquid funds to cover the asking price and rent security of $12,000. To learn more, please call Mel Vaz at 1-877-735-5224. ALL SITE VISITS MUST BE DISCREET. PLEASE DO NOT MENTION THE SALE WHEN VISITING THE LOCATION. kg

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.