Bar/Restaurant For Sale in Atlantic County, NJ!

Not Disclosed, NJ
Atlantic County

Asking Price: Annual Revenue:
$695,000 $1,162,000

Food & Beverage: Bars, Clubs, Nightspots

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RE: Bar/Restaurant For Sale in Atlantic County, NJ! Broker: Eleanor Murray

Quick Facts

Asking Price: $695,000
Annual Revenue: $1,162,000
Net Profit: Not Disclosed
Cash Flow: $206,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: $525,000
Year Established: 1960
Employees: 13
BBN Listing #: 373417398
Broker Reference #: 1515

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Business Overview:

Very nice bar with outside seating. It also has a large cheers bar inside. It is in great condition. They are getting approvals for additional parking for a total of 68 cars. For extra sales this bar currently closes at 11 pm and could be kept open until 2 am.

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Property Features and Assets:

Prime location with heavy foot traffic.

Market Competition and Expansion:

Can expand business by staying open later.

Reason for Selling:

Owner Retiring.

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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