Close

Choose your country

Or view all businesses for sale

Worldwide

Advertisement

Established Restaurant In Atlantic County For Sale

New Jersey, US
Asking Price:
$850,000 Inventory / Stock included
Sales Revenue:
$1,700,000
Cash Flow:
$250,000

LISTING ID # 35668

Seller financing Available to a Qualified Buyer. Own this unique, 40-year-old beautiful casual dining restaurant and bar in Atlantic County. Features indoor and outdoor dining in a unique family setting. None like it in the County. The restaurant seats 184 indoors and 40 on a spacious patio outdoors. Fantastic frontage and off-street parking for 100 vehicles. Liquor license included in the sale. Sales have been increasing each year and are up again YTD in 2023. The wait-staff is stable, well paid and additions to staff can easily be attracted in the area should the new owner wish to expand the limited weekend hours or feature the bar. In the restaurant business all his life, this owner is ready to retire.

Business Operation

Reasons for selling:

Retirement

Employees:
23 FT/5 PT
Years established:
23

Other Information

Support & training:

Seller will train

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

425,000.00 Down & Balance of $425k for 84 months @ 6%

Furniture / Fixtures value:
$500,000
Inventory / Stock value:
$8,000 - included in the asking price