Business For Sale

Bar/Restaurant in Cape May County, NJ. for Sale!

Not Disclosed, NJ
Cape May County

Cape May County


Asking Price: Annual Revenue:
$6,500,000 $1,908,500

Food & Beverage: Bars, Clubs, Nightspots


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RE: Bar/Restaurant in Cape May County, NJ. for Sale! Broker: Eleanor Murray

Quick Facts

Asking Price: $6,500,000
Annual Revenue: $1,908,500
Net Profit: Not Disclosed
Cash Flow: $560,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: $6,500,000
Year Established: 2007
Employees: Not Disclosed
BBN Listing #: 776517398
Broker Reference #: 1336B

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Business Overview:

Bar/Restaurant in Cape May County, NJ. for Sale! Overlooking beach. Seasonal: May - November 11-3am. 16,162 Square Feet. Occup. 570 without tables 1,000. Comes with pool- Beauty Salon $12,000 rent, Coffee shop. Mixed condo complex. One of a kind. Great cash flow. Needs owner operation. Real Estate itself appraised at $6,500,000. Built 11 years ago. Ocean view in pool area. Possible some owner financing.

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Property Features and Assets:

2 levels: 1st level has dance floor and 3 large bars. 2nd level has ocean view, a beautiful pool with bar area. Popular place. Only 11 years old.

Market Competition and Expansion:

Great location. Ocean view in 2nd level. Can accommodate 1,000 people w/o tables. Across from beach.

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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Disclaimer:

The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.


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