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Business For Sale

BAR, RESTAURANT AND PACKAGE GOODS

Attn: Not Available
Ocean County, NJ, USA
Listing Number: "0530"
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Asking Price: $2,390,000 USD USA Dollars
Business for Sale Industry: Food & Beverage: Bars, Clubs, Nightspots  
Reason for Selling: Other Interests
Year Established: 1975
# of Employees: 8
Yearly Revenues: $946,000
Yearly Cash Flow: $230,396
 

Business for Sale Overview:

Bar, Restaurant and Package Goods is well known and well managed. Sells 50% Package Goods, Bar and Restaurant 50% of Business. Friday and Saturday features live bands and on Sunday serves brunch 10am to 2pm. Located on a major state highway with great traffic. Business is turnkey. Has license for outside patio.


Property Features and Assets:

Bar, Restaurant and Package Goods is 6,000 Square Feet on 1.9 Acres on a major NJ State Highway. Building is well maintained and owner in process of installing a new roof. Has new septic tank and well. There is plenty of parking on this 1.9 acre piece of real estate.


Market Competition and Expansion:

Bar, Restaurant and Package Goods has plenty of room for expansion. Presently there is seating for 100-150 persons. There is proposed construction for 2500 residential homes within 2 miles of this business.


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 a franchise resale opportunity.
  • This is not a distressed business or bankruptcy situation.

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