Broker Name:Murray & Associates
Broker Email:murrayeleanor46@gmail.com
Broker Phone:
Cherry Hill:
856-428-8900
Atlantic City:
609-441-1234
Toll Free:
866-2-Murray
Broker Contact Form
Cherry Hill:
856-428-8900
Atlantic City:
609-441-1234
Toll Free:
866-2-Murray
Angeloni\'s of Atlantic City For Sale!
(Bar Restaurant, Restaurant)
Atlantic County, New Jersey
Listed Price: $ 950,000
Listing ID: 1413
Listing DetailsGross Revenue: $ 1,350,000
Cash Flow: $ 267,000
EBITA: $ 267,000
Real Estate: $ 900,000 (Included in Price)
Inventory: $ 60,000
Reason for Sale:
Retiring
Training & Support:
2 Weeks
OperationsYear Established: 1980
Days & Hours of Operation: Mon-Fri 11a-1am, Sat 4p-1am, Sun 4p-11p
Employees: 7FT-13PT
Absentee Owner: No
LocationLease Expire: 0000-00-00
Square Footage: 4000
Type of Location: Stand Alone
Facilities:
4,000 SF building. 2 additonal parking lots.
SummaryBusiness Description:
Angeloni's of Atlantic City For Sale! Same owner 40 years. Also has 2 additional parking lots that go with it. Real Estate consist of 4 separate lots + (2) 2 bdrm apts.New Roof! New Carpet! Solar Panels installed! Asking $950,000 firm with $500,000 down and Seller will hold note. 6% 3 Bal/20 Year Payout.
Financing/Terms:
$500,000 Down and Seller will hold note. 6% 3 Bal/20 Year Payout