NOT DISCLOSED, New Jersey
| Asking Price |
$3,500,000 |
Year Established |
1981 |
|
| Annual Revenue |
$2,650,000 |
Reason for Selling |
Retiring |
|
| Annual P/L |
$0 |
Attention |
Maureen Murray |
|
| Annual Cash Flow |
$437,875 |
Listing Number |
1004035 |
|
| # of Employees |
42 |
Business Category |
Food & Beverage: Restaurants, Fast Food, Deli |
|
Business Overview:
Bar/restaurant for sale in South Jersey with real estate included, situated on a main highway with strong demographics. The beautifully maintained 8,000 sq ft restaurant with seating for up to 300. Sits on 1.5 acres and features ample parking with excellent visibility on main highway. Currently open five days a week for fine dining dinner service only. The operation offers significant growth potential through expanded hours. This business could easily be turned into a casual dining concept to target a broader market.
Property Features and Assets:
<p>Liquor license valued at $500,000</p>
Market Competition and Expansion:
<p>Current hours of operation are Wed & Thurs 4p-9:30 Fri & Sat 4p-10:00 Sun 3p-9. Closed Monday & Tuesday.</p>
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity