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Bar/Restaurant With Real Estate For Sale in South Jersey

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Bar/Restaurant With Real Estate For Sale in South Jersey

Listing ID
1613

Listing Details
Asking Price
$ 1,750,000

Industry
Bar, Restaurant

Gross Revenue
$1,854,585

Cash Flow
$ 251,708

EBITDA
$ 251,708

Real Estate
$ 1,400,000

RE Included in Price?
Yes

Reason for Sale
Retiring

Training & Support

2-4 weeks

Operations
Year Established
2007

Last Acquired
2015

Days & Hours
Tues-Thurs 12p-9p, Fri 12p-11p, Sat 9a-11p, Sun 9a-9p, closed Mondays.

Employees
27

Location
Square Footage
3100

Type of Location
Stand Alone

Summary
Business Description

Established bar/restaurant with real estate for sale in South Jersey. Located on a busy road, with strong demographics. $150,000 in recent renovations include a new wood-fired pizza oven, updated FF&E, a modern dining room, and a new bar that expanded seating from 29 to 85. Operation currently offers lunch, dinner, weekend brunch, craft cocktails, and wood-fired pizza. Opportunities for a new owner to increase business by expanding private events and catering.

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Bar/Restaurant With Real Estate For Sale in South Jersey

Listing ID
1613


Listing Details
Asking Price
$ 1,750,000

Industry
Bar, Restaurant

Gross Revenue
$1,854,585

Cash Flow
$ 251,708

EBITDA
$ 251,708

Real Estate
$ 1,400,000

RE Included in Price?
Yes

Reason for Sale
Retiring

Training & Support

2-4 weeks

Operations
Year Established
2007

Last Acquired
2015

Days & Hours
Tues-Thurs 12p-9p, Fri 12p-11p, Sat 9a-11p, Sun 9a-9p, closed Mondays.

Employees
27

Location
Square Footage
3100

Type of Location
Stand Alone

Summary
Business Description

Established bar/restaurant with real estate for sale in South Jersey. Located on a busy road, with strong demographics. $150,000 in recent renovations include a new wood-fired pizza oven, updated FF&E, a modern dining room, and a new bar that expanded seating from 29 to 85. Operation currently offers lunch, dinner, weekend brunch, craft cocktails, and wood-fired pizza. Opportunities for a new owner to increase business by expanding private events and catering.