Bar/Restaurant with Real Estate For Sale in South Jersey, NJ!
(Food and Beverage)
New Jersey
Listed Price: $ 2,850,000
Listing ID: 1536
Listing DetailsGross Revenue: $ 1,750,000
EBIT: $ 441,000
EBITA: $ 441,000
Real Estate: $ 1,500,000 (Included in Price)
Inventory: $ 10,000
Reason for Sale:
Retiring
Training & Support:
2 Weeks
OperationsYear Established: 1995
Last Acquired: 2005
Days & Hours of Operation: 11:30am-12pm Tue thru Sat. Sun 11:30am-9 pm. Closed Mondays
Employees: 40
Absentee Owner: No
LocationLease Expire: 0000-00-00
Square Footage: 5000
Type of Location: Stand Alone
Facilities:
Great location on a heavily traveled street
SummaryBusiness Description:
Bar restaurant for sale in South Jersey. Same owner for 20 years, currently working 10 hours per week. Needs owner operator. Liquor license worth $400,000. 5,000 sf that seats 120 inside and 60 outside, with great outdoor area on a main street. Upscale area with good clientele. This will not last! These current sales numbers are based on 2022, the 2023 sales are $1,750,000.