NOT DISCLOSED, New Jersey
| Asking Price |
$4,995,000 |
Year Established |
2001 |
|
| Annual Revenue |
$3,000,000 |
Reason for Selling |
Retiring |
|
| Annual P/L |
$0 |
Attention |
Maureen Murray |
|
| Annual Cash Flow |
$709,380 |
Listing Number |
998513 |
|
| # of Employees |
32 |
Business Category |
Food & Beverage: Restaurants, Fast Food, Deli |
|
Business Overview:
Bar/restaurant with beautiful water views for sale in South Jersey. This 11,550 sqft. facility sits on 4 scenic acres with additional outdoor dining space. Features an upscale indoor dining area, with separate large indoor sports bar, and a lively outdoor bar & deck. There are 2 private event spaces, one for smaller more intimate gatherings and another beautiful room for larger events for seating up to 200. This business does 70% bar restaurant sales and 30% private events. Seller Financing Available!
Property Features and Assets:
<p>Indoor seating for 205, outdoor seating for 195, main banquet room seats 195, and secondary banquet room for smaller events seats 42. Liquor License value of $450,000.<br></p>
Market Competition and Expansion:
<p>Current hours of operation are M-Thurs 11am-10pm, Fri & Sat 11am-12am Sun 11am-9pm. Closed Christmas and Fourth of July.</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