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Business For Sale

RESTAURANT AND BAR

Attn: Not Available
Atlantic County, NJ, USA
Listing Number: "0477"
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Asking Price: $3,899,000 USD USA Dollars
Business for Sale Industry: Food & Beverage: Restaurants, Fast Food, Deli  
Reason for Selling: Retiring.
Year Established: 1985
# of Employees: 40 full time
Yearly Revenues: $1,668,540
Yearly Cash Flow: $511,439
 

Business for Sale Overview:

Beautifully maintained restaurant/bar in an excellent location on a very busy highway. Valuable Real Estate. Good Chain Location. Can build up 150 feet as per ordinance to accommodate a 3 story hotel site. Family owned and operated for over 22 years. Potential for growth and expansion of business.


Property Features and Assets:

Restaurant and Bar is 8,000 sq. ft. on a lot 200x540; 2.47 acres on a very busy highway with great access. Restaurant has seating for 280 plus patio


Market Competition and Expansion:

Bar and Restaurant has great potential for growth in a thriving area. Can built up 150 feet as per ordinance to accommodate a motel/hotel site.


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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