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Business For Sale
PUB/ RESTAURANT
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Asking Price: |
$2,000,000
USD USA Dollars
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Business for Sale Industry: |
Food & Beverage: Bars, Clubs, Nightspots
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Reason for Selling:
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Retirement |
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Year Established:
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1967 |
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# of Employees:
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19 |
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Yearly Revenues:
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$2,317,375 |
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Yearly Cash Flow:
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$285,155 |
Business for Sale Overview:
Wonderful pub on the outskirts of Atlantic City. 24 hour liquor license. 60% bar 40% food. Present owner has been there for twenty years and is retiring. Great reputation and good spot. Nice Real Estate.
Property Features and Assets:
Free standing building with 4,000 square feet. Occupancy of 150 people. 28 Bar seats and 100 table seats. Also parking for 50 cars.
Market Competition and Expansion:
Bar and Restaurant is well known and well run. Facility is located on a busy road with great traffic.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- The owner is not willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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