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American/Kosher Style Restaurant
Location: United States -> New Jersey -> Camden County
Industry: Food and Beverage > Other Food and Beverage




Business Summary

High volume and recently fully remolded American / Kosher style restaurant deli serving breakfast / lunch with previous yearly gross sales of $2,000,000 and a net yearly income of $225,000. Since 1997, this Restaurant and Deli has been one of Central Jersey's best-kept secrets, offering a dining menu of more than 200 items with full catering services. The business is open 7 days a week and the Restaurant and Deli has built its reputation on using only the highest quality ingredients and providing the best possible service. Each staff member shares this commitment, treating their customers like family. Conveniently located in a popular commercial mall, the Deli is the ideal place for your dining and catering needs. Whether it is an early morning business meeting or a leisurely family brunch, this Restaurant has a full breakfast menu, featuring eggs, omelets, pancakes, French toast, waffles, fruits, and their famous smoked fish platters. They also have full breakfast specials Monday through Friday.

They offer entrees such as, sandwiches, wraps, salads and soups. These are just some of the items you can find on the menu. This includes award-winning favorites like Soups and New York Style Steamed Corned Beef or Pastrami sandwiches. For their vegetarian guests, their menu features several options ~ two of the most popular being the grilled veggie wrap or their grilled vegetable platter. They have a large selection of mouth-watering cakes, creamy cheesecakes and delicious seasonal specialties. This Restaurant and Deli excels at catering special occasions and corporate events, from full hot buffets to soups and sandwiches for 10 to more than 100 guests, they will prepare to your specifications. This industry does not require government agency approval to purchase. This business has 28 employees who are unaware of the pending sale and fully expected to remain post-closing, monthly payroll $33,000. The business has an assignable commercial lease which expires 2027-01-01.


Financials

Asking Price Range:  $500K - $1.0M
Gross Revenues:   $2,000,000
Cash Flow:   $225,000
Cash Flow Type:  EBITDA
Inventory:  $275,000
Seller Financing:  Yes

About The Business

Year Established:  1997
Number of Employees:  20 - 34
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  The owner will remain post-closing for to supply an appropriate transitional period to the new operator.
Reason For Selling:  The owner is retiring after forty years in this food service industry.




Print Listing Id: 700287616
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Related Searches: Catering Services  >  Food Production and Packaging  >  Grocery and Supermarkets  >  Liquor Stores  >  Restaurants and Fast Food (Non-Franchise)  >  Vending Machines  >  Other Food and Beverage  > 

Also See: Franchise Opportunities > Franchise Resales > New Jersey Businesses For Sale > New Jersey Franchises For Sale > New Jersey Business Brokers



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