Restaurants & Food ServiceNew Jersey3 mo ago

Drive-Through Philly Steaks and Wings

Sourced from public listings. Figures as listed, unverified.

Drive-Through Philly Steaks and Wings is a restaurants & food service business for sale in New Jersey. Listed at $599K, with approximately $63K in annual cash flow on $727K in revenue, about a 9.49× multiple. Established in 2023. Part of Charleys Philly Steaks franchise.

Asking price
$599K
Cash flow (SDE/EBITDA)
$63K
Multiple
9.49×
Revenue
$727K

Why this business stands out

  • Established in 2023
  • Part of Charleys Philly Steaks franchise
  • Modern drive-through concept
  • Owner wants to retire
  • 6 employees
  • Monthly rent is $5,900
  • NDA required for more information
  • Located on major north-south corridor

Financing snapshot

An illustrative SBA 7(a) scenario at 10% down over 10 years. Model your own terms in the SBA loan calculator.

Asking price$599,000
Est. down payment (10%)$59,900
Est. SBA loan$539,100
Est. monthly payment$7,580
Owner cash flow after debt-$27,954
Debt service coverageCash flow shortfall0.69x

Illustrative only, not a financing offer. Actual terms vary by lender and deal. Check coverage in the DSCR calculator.

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  • Source & listing link
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Frequently asked questions

How much does this restaurants & food service business cost?

The asking price is $599K. Exact terms and any seller financing are confirmed with the seller after you create a free Clef account.

What is the cash flow and valuation multiple?

This business reports approximately $63K in annual cash flow (SDE/EBITDA), a 9.49× multiple on the asking price.

Where is this business located?

It operates in New Jersey. Full location and source details are shown once you create a free Clef account.

Can this acquisition be financed with an SBA loan?

Businesses in this range typically qualify for SBA 7(a) financing covering up to 90% of the purchase price over a 10-year term. See the financing snapshot above for an illustrative scenario.

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Drive-Through Philly Steaks and Wings for Sale in New Jersey · Clef