Turn-key Family Owned Seafood Restaurant

Asking Price$75,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&ENot Disclosed

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Turn-key Family Owned Seafood Restaurant


Asking Price$75,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&ENot Disclosed

Business Description
This is an opportunity to own a piece of local restaurant history. This is a long established and fully operating seafood restaurant in the heart of Voorhees, NJ. The restaurant services the surrounding communities of Voorhees, Cherry Hill, Gibbsboro and Somerdale to name a few. Situated along two of the main roadways through Haddonfield, Voorhees and Cherry Hill the restaurant enjoys a market which includes a mix of high density housing and spacious neighborhoods together with corporate offices, schools, hotels, and health care facilities. The restaurant has high visibility within a prominent Voorhees shopping center. The restaurant is easily accessible by public transportation.

This is an excellent opportunity for the next generation of restauranteurs to make this their own or to expand the footprint and revenue stream of an existing restauranteur.
About the Business
Employees
9 (2 Full-time, 7 Part-time)
Facilities & Assets
The restaurant is a fixture in the community. With seating for up to 40, the store entrance is equipped with a display case and handles take of fresh and cooked platters. Inside seating is comfortably spaced and boasts a clam bar for a more for a more casual experience. The spacious kitchen is fully equipped with a 10 burner stove, grill and double frier, freezer, refrigerator, walk-in box, huge prep area, separate 3 basis wash station, ice maker and more.
Market Outlook / Competition
This is a well established seafood restaurant. The owners pride themselves on providing the highest quality and freshest seafood food. Whether served fresh for take-out or cooked for enjoyment in our restaurant, we have few competitors in this market.
Opportunities for Growth
This is an established business which has demonstrated stabile revenues and a solid client base. The current advertising spend is below the expected average. Growing the marketing spend can be expected to grow market infiltration, client base and revenues. Continued focus on quality and freshness and reasonable increase in advertising spend is important to maintenance and growth. According to regional trend tracking from Jersey Bites, the nature of competition in New Jersey has shifted entirely toward experiential dining. Diners are increasingly willing to travel farther and pay a premium if a seafood restaurant offers a highly curated "transportive" vibe, immersive open kitchens, or hyper-local sourcing. Establishments that operate as mere transactional eateries are losing market share to concepts prioritizing experiential storytelling and "Instagrammable/TikTok-worthy" coastal aesthetics.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
2,538
About the Sale
Seller Motivation
The owners are planning to retire
Transition Support
The owners will assist in transition and training.
Listing Info
ID
2510078
Listing Views
4

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Business Listed by: Joe McGowan Berkshire Hathaway, Fox & Roach Realtors

Listing ID: 2510078 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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