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Backfin Blues in Wildwood, NJ for Sale!
(Bar/Restaurant, Real Estate)
Cape May County, New Jersey
Listed Price: $ 999,000
Listing ID: 1376

Listing DetailsDown Payment: $ 250,000
Gross Revenue: $ 685,000
Cash Flow: $ 95,100
EBITA: $ 95,100
Down Payment: $ 250,000
Real Estate: $ 850,000 (Included in Price)
Inventory: $ 15,000
Reason for Sale:

Severe health problems

Training & Support:

2 weeks

OperationsYear Established: 2011
Absentee Owner: No
LocationLease Expire: 0000-00-00
Square Footage: 6300
Type of Location: Stand Alone

6,300 SF. Seats 240

SummaryBusiness Description:

Backfin Blues in Wildwood, NJ for Sale with beautiful sunset view overlooking bay. This restaurant has an outside bar area that overlooks the bay and sunset that seats 80 and indoor bar that seats 120 and another outside seating area that seats 40. Beautifully upgraded restaurant with a newly renovated inside bar that has wrap around seating. They are open dinner only full time from Memorial Day to Labor Day and weekends only thru December. Closed January thru April. Excellent turn-key business. Real estate appraisal on file for $850,000. Selling due to owner health problems. 30,000 cars a day pass by this location in season. Could extend hours to increase business.
Owner works front of house only. Back of house runs perfectly with a seasoned staff. Motivated seller.