NOT DISCLOSED, New Jersey
| Asking Price |
$5,350,000 |
Year Established |
1983 |
|
| Annual Revenue |
$2,499,070 |
Reason for Selling |
Owner Retiring |
|
| Annual P/L |
$0 |
Attention |
Maureen Murray |
|
| Annual Cash Flow |
$684,942 |
Listing Number |
1020088 |
|
| # of Employees |
40 |
Business Category |
Food & Beverage: Restaurants, Fast Food, Deli |
|
Business Overview:
Well established bar/restaurant for sale with real estate at the Jersey Shore. Excellent location with strong demographics. Same owner for over 40 years. Property has been renovated and very well maintained. Sale also includes a valuable liquor license. Seats 120 inside. Currently has rental income from upstairs apartment along with two retail tenants that provides additional revenue. New owner could increase sales by expanding hours and increasing delivery.
Property Features and Assets:
<p>6,800 square feet with seating up to 120.</p>
Market Competition and Expansion:
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity