Bar Restaurant With Three Apartments In Wildwood NJ For Sale

Business description

Bar, Restaurant with 3 apartments in excellent location in Wildwood. Also has two outdoor eating areas with a outdoor and indoor bar. Current owners open dinner only and close every Tuesday in season. Tons of potential for new operator to extend hours of operation and change upscale dining concept to pub concept to increase sales. 3 apts/ 2 two bedroom, 1 one bedroom rentals $30,000 per year summer rental only. Works weekends of spring and fall. Closes for season Thanksgiving and opens up April 15. Sales up 2011 over 2010 and owners closed 6 weeks earlier.

Property information

Living accommodation:

Bar, Restaurant with 3 apartments; 2 two bedroom, 1 one bedroom rentals $30,000 per year summer rental only. Could be owner operator quaters.

Location:

Bar, Restaurant with 3 apartments Wildwood, Cape May County NJ

Premises details:

Bar, Restaurant with 3 apartments is free standing 60x40 has two 2 bedroom apts and one 1 bedroom apt.

Size in square feet:

2400 SF

Business Operation

Reasons for selling:

Retiring

Trading hours:

5:30pm to 9:30pm seasonal for dinners only

Employees:

5 full time 10 part time

Years established:

1991

Other information

Support & training:

two weeks

Owner financing:

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

Financing available:

Owner will finance $250,000 to a qualified buyer @ 6% for five years based on a 25 year amortization.