Well established bar/restaurant for sale 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. New owner could increase sales by expanding hours and increasing delivery.
- Asking Price:
- $1,350,000
- Sales Revenue:
- $2,499,070
- Cash Flow:
- $504,852
Property Information
- Real Estate:
-
Lease
- Location:
-
Located in a busy shore town.
- Premises Details:
-
6,800 square feet that seats up to 120 inside.
- Size in square feet:
- 6,800
Business Operation
- Management type:
- This business is owner operated.
- Reasons for selling:
-
Owner is retiring.
- Trading hours:
-
Fri - Sun 11a-9p. Delivery Only Mon-Thurs 4p-9p
- Employees:
- 10 full time and 30 part time
- Years established:
- 1983
Other Information
- Support & training:
-
2 Weeks
- Inventory / Stock value:
- $50,000
