Bar/restaurant for sale in South Jersey. A valuable liquor license is approximately $600,000. Excellent demographics, located in a town with tremendous growth. 5,000 single-family homes are under construction in the surrounding area, plus 800 new homes are going up in a 55+ older community.
- Asking Price:
- $1,250,000
- Sales Revenue:
- $1,635,000
- Cash Flow:
- $301,000
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
2 - 5 year option
- Location:
-
Great location with a lot of potential for growth in expanding community.
- Size in square feet:
- 4,400
Business Operation
- Reasons for selling:
-
Retiring
- Trading hours:
-
T - Th 12p-9p, F & Sa 12p-10p, Sunday 12p-9p. Closed Mondays.
- Employees:
- 22
- Years established:
- 6
Other Information
- Support & training:
-
2 Weeks
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
-
$400,000 down. $200,000 seller finance, 8% - 3 year balloon / 10 year term
- Inventory / Stock value:
- $30,000
