Bar/Restaurant With RE For Sale At Jersey Shore
Not Disclosed, NJ Not Disclosed
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- RE: Bar/Restaurant With RE For Sale At Jersey Shore
- Contact: Maureen Murray
Quick Facts
| Asking Price: | $5,350,000 | |
| Annual Revenue: | $2,499,070 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $684,942 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | $4,000,000 | |
| Year Established: | 1983 | |
| Employees: | 40 | |
| BBN Listing #: | 1020088 | |
| Broker Reference #: | 1619A |
Business Overview:
Well established bar/restaurant for sale with real estate at the Jersey Shore. Excellent location with strong demographics. Same owner for over 40 years. Property has been renovated and very well maintained. Sale also includes a valuable liquor license. Seats 120 inside. Currently has rental income from upstairs apartment along with two retail tenants that provides additional revenue. New owner could increase sales by expanding hours and increasing delivery.
Contact the Seller:
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Property Features and Assets:
6,800 square feet with seating up to 120.
Reason for Selling:
Owner Retiring. Kindly ask the seller for more information.
Additional Details:
- The property is Leased.
- 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
- Sell a business online
- Find a business broker
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