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Business For Sale
BAR AND RESTAURANT
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Asking Price: |
$1,500,000
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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Retiring. |
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Year Established:
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1970 |
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# of Employees:
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5 ft 25 pt |
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Yearly Revenues:
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$1,300,000 |
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Yearly Cash Flow:
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$297,478 |
Business for Sale Overview:
Bar and Restaurant near Atlantic City is two levels. First level has pool table area, dining room, kitchen and bathrooms. The 2nd level has bar area, booths, dining area, wait station, bathrooms, DJ booth, dance floor with related audio, video equipment and lighting equipment. The building has an electric dumbwaiter. Outside eating area is very pleasant in season. Liquor License "C" plenary retail consumption license w/broad package privilege. Business is 50% Food and 50% Bar, with Lunch 30% and Dinner 70%.
Property Features and Assets:
.28 acres of land with 130 feet frontage on a very busy highway. The building is two floors, 1st level is 2429 SF the second level is 2866 SF.
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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