Beautiful Bar/Restaurant in Atlantic County, NJ!

Not Disclosed, NJ
Atlantic County

3 Acres on major highway in popular shore area.


Asking Price: Annual Revenue:
$1,600,000 $1,554,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Beautiful Bar/Restaurant in Atlantic County, NJ! Broker: Eleanor Murray
License #: 7858970

Quick Facts

Asking Price: $1,600,000
Annual Revenue: $1,554,000
Net Profit: Not Disclosed
Cash Flow: $316,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: $1,200,000
Year Established: 1981
Employees: 31
BBN Listing #: 72117398
Broker Reference #: 1464

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Business Overview:

Beautiful restaurant for sale in Atlantic County, NJ. Family owned and operated Italian Restaurant in shore area. 8,500 Square Feet restaurant seats 250 people with additional outdoor seating. Short Hours 3:45pm-10:30pm. Dinner only Mon-Thurs. Same owner 40 years. 3 acres on major highway. Figures are for 9 months of 2021. On target to do $1,900,000 for 2021. Owner works Full Time plus 30 Part Time employees.

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Property Features and Assets:

8,000 SF restaurant seats 250 with additional outdoor seating. Located on 3 Acres on major highway with high traffic in popular shore area.

Reason for Selling:

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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