Summary
- Asking price:
- $1,500,000 (Furniture / Fixtures included)
- Sales revenue:
- $1,232,000
- Cash flow:
- $354,845
- Years established:
- 1976
- Employees:
- 12 full time 16 part time
Business description
This is a beautiful bar/restaurant in South Jersey with the same owner for 36 years who wants to retire. Bar area is like a Cheers Bar atmosphere plus 200 seat restaurant.
Property information
- Real Estate:
- Real Property Included
- Location:
- Bar and Restaurant is located near Atlantic City
Other information
- Competition / Market:
- Bar and Restaurant is well established with the same owner for over 35 years.
- Support & training:
- Two Weeks
- Reasons for selling:
- Retiring
- Trading hours:
- bar and restaurant is open 1130am to 11pm Monday thru Thursday and closes at midnight on Friday and Saturday
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
- owner is will to finance $100,000 to a qualified buyer at 6% for five years based on 25 year amortization
- Inventory / Stock value:
- $50,000
Contact the seller
For more information about this business for sale, click the Contact Seller button.
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