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Bar Restaurant For Sale At The Jersey Shore

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Bar Restaurant For Sale At The Jersey Shore

Listing ID
1619

Listing Details
Asking Price
$ 1,350,000

Industry
Food, Catering, Bar, Restaurant

Gross Revenue
$ 2,499,070

Cash Flow
$ 504,852

EBITDA
$ 504,852

Inventory
$ 50,000

Inventory Included in Price?
No

Reason for Sale
Owner Retiring

Training & Support

2 weeks

Operations
Year Established
1983

Last Acquired
1983

Days & Hours
Fri - Sun 11a-9p. Delivery Only Mon-Thurs 4p-9p

Owner Hours
Full Time

Employees
10 full time, 30 part time

Location
Square Footage
6800

Type of Location
Stand Alone

Summary
Business Description

Well established bar/restaurant for sale at the Jersey Shore. Excellent location with strong demographics. Same owner for over 40 years. Property has been renovated and very well maintained. Sale also includes a valuable liquor license. Seats 120 inside. New owner could increase sales by expanding hours and increasing delivery.

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food
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pizza
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Bar Restaurant For Sale At The Jersey Shore

Listing ID
1619


Listing Details
Asking Price
$ 1,350,000

Industry
Food, Catering, Bar, Restaurant

Gross Revenue
$ 2,499,070

Cash Flow
$ 504,852

EBITDA
$ 504,852

Inventory
$ 50,000

Inventory Included in Price?
No

Reason for Sale
Owner Retiring

Training & Support

2 weeks

Operations
Year Established
1983

Last Acquired
1983

Days & Hours
Fri - Sun 11a-9p. Delivery Only Mon-Thurs 4p-9p

Owner Hours
Full Time

Employees
10 full time, 30 part time

Location
Square Footage
6800

Type of Location
Stand Alone

Summary
Business Description

Well established bar/restaurant for sale at the Jersey Shore. Excellent location with strong demographics. Same owner for over 40 years. Property has been renovated and very well maintained. Sale also includes a valuable liquor license. Seats 120 inside. New owner could increase sales by expanding hours and increasing delivery.