Summary
- Asking price:
- $1,699,000 (Furniture / Fixtures included)
- Sales revenue:
- $2,076,313
- Cash flow:
- $284,926
- Years established:
- 45
- Employees:
- 8 full 22 part oen owner works full time and one owner works part time
Business description
Wonderful pub on the outskirts of Atlantic City. 24 hour liquor license. 40% food, 50% bar, 10% package. Present owner has been there for 25 years and is retiring. Great operation and good spot. Nice Real Estate.
Property information
- Real Estate:
- Real Property Included
- Location:
- Bar and Restaurant with 24 hours liquor license and real estate is located in the outskirts of Atlantic City.
- Premises details:
- Bar and Restaurant is located on the outskirts of Atlantic City, NJ.
- Size in square feet:
- 4000 SF
Other information
- Expansion potential:
- Bar and Restaurant is well established for over 40 years with the same owner for 25 years. Has a great reputation for food and drinks.
- Competition / Market:
- Bar and Restaurant with real estate is 4000 SF with parking for 50 cars, It is a free standing building with seating for 150.
- Support & training:
- two weeks
- Reasons for selling:
- Retiring.
- Trading hours:
- Thursday, Friday and Saturday open 24 hours, Sunday, Monday, Tuesday, Wednesday open from 10am to 3am
- Financing available:
- Seller will finance $200,000 for three years based on a 15 year amortization @ 7%.
- Inventory / Stock value:
- $20,000
Contact the seller
For more information about this business for sale, click the Contact Seller button.
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