Backfin Blues in Wildwood, NJ for Sale!

Wildwood, NJ
Cape May County

Wildwood, NJ

Asking Price: Annual Revenue:
$999,000 $685,000

Food & Beverage: Bars, Clubs, Nightspots

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RE: Backfin Blues in Wildwood, NJ for Sale! Broker: Eleanor Murray

Quick Facts

Asking Price: $999,000
Annual Revenue: $685,000
Net Profit: Not Disclosed
Cash Flow: $95,100
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: $850,000
Year Established: 2011
Employees: 20
BBN Listing #: 284117398
Broker Reference #: 1376

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Business Overview:

Backfin Blues in Wildwood, NJ for Sale with beautiful sunset view overlooking bay. This restaurant has an outside bar area that overlooks the bay and sunset that seats 80 and indoor bar that seats 120 and another outside seating area that seats 40. Beautifully upgraded restaurant with a newly renovated inside bar that has wrap around seating. They are open dinner only full time from Memorial Day to Labor Day and weekends only thru December. Closed January thru April. Excellent turn-key business. Real estate appraisal on file for $850,000. Selling due to owner health problems. 30,000 cars a day pass by this location in season. Could extend hours to increase business.
Owner works front of house only. Back of house runs perfectly with a seasoned staff. Motivated seller.

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Property Features and Assets:

6,300 Square Feet. Seats 240.

Market Competition and Expansion:

Great location.

Reason for Selling:

Severe Health Problems.

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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