Bar/Restaurant With RE For Sale In South Jersey
Not Disclosed, NJ Not Disclosed
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- RE: Bar/Restaurant With RE For Sale In South Jersey
- Contact: Maureen Murray
Quick Facts
| Asking Price: | $4,995,000 | |
| Annual Revenue: | $2,825,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $596,565 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $350,000 | |
| Real Estate: | $4,000,000 | |
| Year Established: | 2001 | |
| Employees: | 32 | |
| BBN Listing #: | 998513 | |
| Broker Reference #: | 1572 |
Business Overview:
Bar/restaurant with beautiful water views for sale in South Jersey. This 11,550 sqft. facility sits on 4 scenic acres with additional outdoor dining space. Features an upscale indoor dining area, with separate large indoor sports bar, and a lively outdoor bar & deck. There are 2 private event spaces, one for smaller more intimate gatherings and another beautiful room for larger events for seating up to 200. This business does 70% bar restaurant sales and 30% private events.
Contact the Seller:
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Property Features and Assets:
Indoor seating for 205, outdoor seating for 195, main banquet room seats 195, and secondary banquet room for smaller events seats 42. Liquor License value of $450,000.
Market Competition and Expansion:
Current hours of operation are M-Thurs 11am-10pm, Fri & Sat 11am-12am Sun 11am-9pm. Closed Christmas and Fourth of July.
Reason for Selling:
Retiring. Kindly ask the seller for more information.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more New Jersey businesses for sale
- View more Businesses For Sale in the same industry
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- Find a business broker
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