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Business For Sale

BAR WITH 3 APARTMENTS

Attn: Not Available
Atlantic City Area, NJ, USA
Listing Number: "0583"
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Asking Price: $815,000 USD USA Dollars
Business for Sale Industry: Food & Beverage: Bars, Clubs, Nightspots  
Reason for Selling: Other Interests.
Year Established: 1998
# of Employees: 3 ft 5 pt
Yearly Revenues: $519,510
Yearly Cash Flow: $116,850
 

Business for Sale Overview:

Bar is in casino district with lots of great traffic. Similar to a Cheers Bar. Nice Location. Has a broad C License. Location has three apartments on upper level one 1 bedroom rents for $800 per month, two 2 bedroom apts rent for $1000 each. Parking lot is covered with liquor license.


Property Features and Assets:

Bar is in a nice location with seating for 99.


Market Competition and Expansion:

Advertising and marketing would greatly increase bottom revenue line.


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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