Resort Bar/Grill for Sale in South Jersey, NJ

Not Disclosed, NJ
Atlantic County

Asking Price: Annual Revenue:
$1,800,000 $1,001,135

Food & Beverage: Bars, Clubs, Nightspots

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RE: Resort Bar/Grill for Sale in South Jersey, NJ Broker: Eleanor Murray
Owner Financing is Available!
$200,000 6% 5/20 year

Quick Facts

Asking Price: $1,800,000
Annual Revenue: $1,001,135
Net Profit: Not Disclosed
Cash Flow: $211,725
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: $2,000,000
Year Established: 1979
Employees: 17
BBN Listing #: 704717398
Broker Reference #: 1502

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Business Overview:

South Jersey resort bar/restaurant close to the action. Located in an excellent location, and ready for the upcoming season. Bar and Dining area on the first, two separate party rooms, each with a bar, on the second, and a third floor with private office and owner living quarters. Two kitchens located on the first and second floor. Secure parking with surveillance adjacent to the building, and including a separate parking lot across the street.7,000 SF each level-7,000 SF upstairs. Same owner 43 years. Option to purchase additional parking lot across the street for $500,000 that produces rent of $60,000/year. Currently running very limited hours.

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Reason for Selling:

Other Interests.

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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