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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

Location
New Jersey

Listing ID
1587

Listing Details
Asking Price
$ 1,799,000

Industry
Bar, Restaurant

Gross Revenue
$ 1,065,348

Cash Flow
$ 375,423

EBITDA
$ 375,423

FFE
$ 150,000

Real Estate
$ 1,799,000

RE Included in Price?
Yes

FFE Included in Price?
Yes

Reason for Sale
Other Interests

Training & Support

2 Weeks

Operations
Year Established
1983

Last Acquired
2023

Days & Hours
Sun/Mon/Thurs 4p-12a & Fri/Sat 4p-2a. Closed Tuesday and Wednesday

Absentee Owner
No

Location
Square Footage
4000

Type of Location
Stand Alone

Summary
Business Description

Bar Restaurant for sale with real estate at the Jersey shore. This property has 3 apartment rental units above the restaurant and a separate parking lot. Renovated two years ago to update decor and create a unique dining experience. Emphasis on craft cocktails and modern Italian inspired dishes. Currently being ran semi-absentee owner.

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Bar/Restaurant With Real Estate For Sale in South Jersey

Location
New Jersey

Listing ID
1587


Listing Details
Asking Price
$ 1,799,000

Industry
Bar, Restaurant

Gross Revenue
$ 1,065,348

Cash Flow
$ 375,423

EBITDA
$ 375,423

FFE
$ 150,000

Real Estate
$ 1,799,000

RE Included in Price?
Yes

FFE Included in Price?
Yes

Reason for Sale
Other Interests

Training & Support

2 Weeks

Operations
Year Established
1983

Last Acquired
2023

Days & Hours
Sun/Mon/Thurs 4p-12a & Fri/Sat 4p-2a. Closed Tuesday and Wednesday

Absentee Owner
No

Location
Square Footage
4000

Type of Location
Stand Alone

Summary
Business Description

Bar Restaurant for sale with real estate at the Jersey shore. This property has 3 apartment rental units above the restaurant and a separate parking lot. Renovated two years ago to update decor and create a unique dining experience. Emphasis on craft cocktails and modern Italian inspired dishes. Currently being ran semi-absentee owner.