Commercial Property With Water Views in South Jersey
(Food and Beverage, Catering)
New Jersey
Listed Price: $ 6,000,000
Listing ID: 1572A
Listing DetailsDown Payment: $ 1,500,000
Gross Revenue: $ 2,622,985
Cash Flow: $ 592,019
EBITA: $ 592,019
Down Payment: $ 1,500,000
Real Estate: $ 4,000,000
Reason for Sale:
Retiring
Training & Support:
2-4 Weeks
OperationsYear Established: 2001
Days & Hours of Operation: M-Thurs 11am-10pm, Fri & Sat 11am-12am Sun 11am-9pm. Closed Christmas and Fourth of July
Employees: 32
Absentee Owner: No
LocationLease Expire: 0000-00-00
Square Footage: 11550
Type of Location: Stand Alone
SummaryBusiness Description:
Commercial property with water views for sale in South Jersey. The site includes 8 acres total, with an 11,550 sq. ft. bar/restaurant and large parking lot on 4 acres, plus a formerly preapproved 23,000 sq. ft. retail center at a signalized intersection on the remaining 4 acres. Located along a major highway with an average of 24,000 cars passing daily. Surrounded by many residential communities with strong demographics.