Established Bar/Restaurant For Sale In South Jersey
(Food and Beverage, Bar)
New Jersey
Listed Price: $ 1,100,000
Listing ID: 1536A
Listing DetailsGross Revenue: $ 1,750,000
Cash Flow: $ 344,500
EBITA: $ 344,500
Inventory: $ 10,000
Reason for Sale:
Retiring
Training & Support:
2 Weeks
OperationsYear Established: 1995
Last Acquired: 2005
Days & Hours of Operation: 11:30a-12a Tue thru Sat Sun 11:30a-9p. Closed Mondays.
Employees: 40
Absentee Owner: No
LocationLease Expire: 0000-00-00
Type of Location: Stand Alone
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 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. Option to purchase real estate as well $1,700,000.