Business For Sale

Restaurant for Sale Atlantic County, New Jersey

Not Disclosed, NJ
Atlantic County

Shore Town


Asking Price: Annual Revenue:
$795,000 $1,026,880

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Restaurant for Sale Atlantic County, New Jersey Broker: Eleanor Murray
Owner Financing is Available!
$100,000 note 6% 5 years.

Quick Facts

Asking Price: $795,000
Annual Revenue: $1,026,880
Net Profit: Not Disclosed
Cash Flow: $179,580
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: $450,000
Year Established: 1950
Employees: 20
BBN Listing #: 788117398
Broker Reference #: 1312

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Business Overview:

Seafood restaurant at the South Jersey Shore. This business does 1 million dollars in sales. On 4 lots. Same owner for over 30 years. Also has a two-bedroom 1 bathroom house next door goes with property. Rents for $1,000/month plus utilities. Need $150,000 down to buy.

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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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