
Bar restaurant with real estate and Seller Financing For Sale
(Food and Beverage, Bar)
New Jersey
Listed Price: $ 4,500,000
Listing ID: 1537
Listing DetailsGross Revenue: $ 1,004,000
Real Estate: $ 6,500,000 (Included in Price)
Reason for Sale:
Retiring
Training & Support:
2 Weeks
OperationsYear Established: 2007
Last Acquired: 2007
Days & Hours of Operation: 11am-3am May 30th thru Nov 1st
Employees: 57
Absentee Owner: No
LocationLease Expire: 0000-00-00
Square Footage: 16162
SummaryBusiness Description:
Bar restaurant with real estate for sale in Cape May County, NJ. Beautiful 16,000 sf facility that offers a swimming pool, tiki bar, beauty salon, and coffee shop that sits across from the beach. Only open in summer, but has heat which can be open full time. Over looks the beach, needs owner operator. This could be used as a beautiful catering facility.
Financing/Terms:
$2,000,000 down, Seller will hold note. 6% 25 yr payout / 7yr balloon