Bar/restaurant with beautiful water views for sale in South Jersey. This 11,550 sq. ft. 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!
- Asking Price:
- $4,995,000 Furniture / Fixtures included
- Sales Revenue:
- $3,000,000
- Cash Flow:
- $709,380
Property Information
- Real Estate:
-
Real Property Included
- Location:
-
Indoor seating for 205, outdoor seating for 195, main banquet room seats 195, and secondary banquet room for smaller events seats 42.
- Premises Details:
-
Estimated Real Estate Valued at $4,000,000. Liquor License value of $450,000
- Size in square feet:
- 11,550
Business Operation
- Management type:
- This business is owner operated.
- Reasons for selling:
-
Retiring
- Trading hours:
-
Mon-Thurs 11am-10pm, Fri & Sat 11am-12am Sun 11am-9pm. Closed Christmas and Fourth of July.
- Employees:
- 32
- Years established:
- 2001
Other Information
- Support & training:
-
2-4 Weeks
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
-
$1,500,000 down and seller will hold note at 7% with a 5 yr ball and 20 yr amortization.
- Furniture / Fixtures value:
- $350,000 - included in the asking price
