Liquor Business with Real Estate

Egg Harbor Township, NJ
Atlantic County


Asking Price: Annual Revenue:
$4,000,000 Not Disclosed

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Liquor Business with Real Estate Broker: Orlando Rivera

Quick Facts

Asking Price: $4,000,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: $370,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1960s
Employees: 37
BBN Listing #: 772648816
Broker Reference #: NJLIQ-01-01

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Business Overview:

Local destination where the entire family can gather for casual dining and fun. Family owned & operated. Well run bar, liquor and food business known for an extensive selection of beer, wine & spirits. Fresh, made to order food, prepared by skilled employees, is served to patrons by friendly wait staff and bartenders. Professional staff with reliable General Managers in place.
Located at the intersection of two major local eateries in the county. The business includes the building on about 3 acres. There is plenty of parking plus space to increase current business or add an outside deck. Adjacent lots provide opportunity to build other retail businesses on the property. Present owner is retiring and would transiton to new owner.
Projected cash flow of a little less than $400,000 per year with opportunity for operator and developer to continue growth. Multiple revenue streams with sales and cash flow fully documented on returns.

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Property Features and Assets:

36 Bar Seats and 76 Tables in the Restaurant and Bar. The restaurant is on 3 acres of land with ample parking space.

Market Competition and Expansion:

The new owner could expand the area of the restaurant to include other businesses or create an outside deck.

Reason for Selling:

Retirement.

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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