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Business For Sale

BAR/RESTAURANT/LIQUOR STORE

Attn: Not Available
Cape May County, NJ, USA
Listing Number: "0549"
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Asking Price: $3,500,000 USD USA Dollars
Business for Sale Industry: Food & Beverage: Liquor Stores  
Reason for Selling: Other Interests
Year Established: 1937
# of Employees: 35
Yearly Revenues: $1934000
Yearly Cash Flow: $370,970
 

Business for Sale Overview:

Bar/Restaurant/Liquor Store is a great corner property with lots of drive by traffic and an apartment upstairs. Close to beach. Well known and well run with great bottom line. Open all year around. Option to purchase adjacent lots 60x100


Property Features and Assets:

Bar/Restaurant/Liquor Store on a main road leading into a popular South Jersey resort town. Lot size of 100 ft x 100 ft. 6700 Square Feet; 4700 SF 1st floor, 2000 SF 2nd floor. Major renovations in 2004 costing 476,000. 4700 SF Bar and 2000 SF 2nd floor containing 1 bedroom apt upstairs, office & three storage rooms


Market Competition and Expansion:

Bar/Restaurant/Liquor Store is in a prime location. Corner property on main road into town with great traffic. Open year round. Option to purchase adjacent lots. With the purchase of adjacent lot this will double restaurant and bar seating capacity and extend liquor store.


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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