Business For Sale

Bar Restaurant w/RE for Sale in Cape May County!

Not Disclosed, NJ
Cape May County

Cape May County


Asking Price: Annual Revenue:
$1,599,000 $850,000

Food & Beverage: Bars, Clubs, Nightspots


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RE: Bar Restaurant w/RE for Sale in Cape May County! Broker: Eleanor Murray

Quick Facts

Asking Price: $1,599,000
Annual Revenue: $850,000
Net Profit: Not Disclosed
Cash Flow: $362,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: $1,300,000
Year Established: 1998
Employees: 13
BBN Listing #: 992917398
Broker Reference #: 1346

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Business Overview:

Bar restaurant for sale in Cape May County with real estate. Excellent location close to beach block. Current appraisal on file for $1,600,000. This is a beautiful bar/restaurant that has been recently remodeled to add large bar and open air windows, seats 170 inside and out. Seasonal business opened for dinner only during week June thru September and opened weekends only in Fall. Closed for winter. This is a large corner property with two outside seating areas and three apartments that can rent seasonally for $39,000 combined. Great turn key business.

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Property Features and Assets:

Large corner property. Seats 170. 2 outside seating areas.

Market Competition and Expansion:

Great location. Close to beach block.

Reason for Selling:

Other Interest

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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