Profitable Mediterranean Restaurant In South Jersey

This established restaurant presents a compelling acquisition opportunity in South Jersey's prime commercial district. Operating successfully for over a decade, the business has developed a strong community presence and loyal customer base in a high-traffic retail environment. Facility & Operations: The restaurant occupies a 3,000 square foot space within a prominent strip center, featuring recently renovated interiors and professional-grade kitchen facilities. The establishment accommodates 100+ guests across multiple dining configurations, supporting dine-in, takeout, and delivery services. All kitchen equipment and restaurant furnishings are included in the transaction and maintained in operational condition. Location Advantages: Strategically positioned in a bustling commercial corridor surrounded by established businesses and local attractions. The location benefits from substantial foot traffic, ample parking availability, and convenient highway access, contributing to consistent customer flow and operational accessibility. Financial Performance: The business grosses close to $800k, nets $150,000 in net income based on owner-operator management working 50 hours weekly without drawing salary, prior to debt service obligations. With an asking price of $200,000, the valuation represents less than 2x annual earnings, presenting favorable acquisition metrics for qualified buyers. Revenue Streams: Diversified income sources include traditional dining service, takeout operations, delivery services, group dining, and catering opportunities. The establishment serves as a community gathering space for special events and large party accommodations. This turnkey operation offers immediate cash flow potential with established systems, trained staff, and proven market position. The business model provides scalability opportunities for expansion-minded operators seeking to enhance operational efficiency and revenue growth.