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Established Drive-In Diner Business with Real Estate

cumberland nj | , , 08302

$ 1,200,000

Price: $ 1,200,000 +/- 1000 SF

Business Description:

Established business in operation for the past 50 years with a loyal customer base. The 2nd generation has improved the property and upgraded the facility. The real-estate is included in the purchase as well as the FFE.

Operations & Facilities

• Facility: Includes a free-standing building with outdoor seating plus patios and parking suitable for car hop service. The property and building (valued around $450,000) are included in the asking price.

• Service model: Drive-In, take-out and delivery options; convenient online ordering and a loyalty program encourage repeat business.

Investment Highlights:

Asking Price: $1,200,000
Cash Flow: $255,000
Gross Revenue: +/- $900,000
Established: 1975
FF&E: Included
Inventory: Included
Employees: +/- 13 FT & +/- 20 PT
Real Estate: Included
Building SF: +/- 1,000 SF
Growth & Expansion:The business currently operates seasonally and has the ability to operate year round
Reason for Selling: Retirement
Support & Training: 45 day transition by current owner

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    AVAILABLE SPACE +/- 1000 SF

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    Ken Richardson