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Property profile & analytics
OFF-MARKET
Investment properties

7 E Walk Merchantville, NJ 08109

Built 1945
Property ID
Property summary
AI-generated overview

This exceptional business opportunity presents the chance to acquire a thriving, award-winning BYOB restaurant, the Park Place Cafe & Restaurant, located in Merchantville, NJ. This fully operational establishment boasts an established clientele, a strong online presence including a professionally designed website and active social media, and a proven track record of success, having been repeatedly voted "Best of New Jersey." All equipment is included, allowing for an immediate start. The restaurant benefits from a favorable lease with low rent and a convenient location just 10 minutes from Philadelphia and a short drive to Collingswood, Haddonfield, and PATCO stations, with easy access to major highways. The current seating capacity is 30 inside, with additional outdoor seating available, and ample parking is provided. The seller is flexible and can accommodate a quick closing or a longer transition period for the right buyer. This turnkey operation offers a rare opportunity to step into a successful, well-regarded business with minimal startup costs, allowing you to focus on building upon its existing reputation and implementing your own culinary vision. The restaurant's established brand and loyal customer base provide a solid foundation for continued growth and success. This is an ideal opportunity for a sous chef ready to take the next step or an experienced chef seeking to establish their own culinary venture.

Property profile
Verified
Property type Investment properties
Year built 1945
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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