Bar / Restaurant With Property On Boardwalk
Location:
United States
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New Jersey
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Atlantic City
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)
Business Summary
Bar/Restaurant for sale in Prime Location on the Boardwalk. Most of their business is done during the 6 warmest months of the year. Closed during the winter. They have a special prenegotiated deal for greatly reduced electricity purchase which is only $100/month. Normally it would be $3,000/month in the summer. Seller is retiring and moving to Florida. Price includes Liquor License. This is a cash business.
Facilities: 2,800 sq. ft. Seating for 60 people inside, 16 people outside and an additional 15 at the bar.
Year of Construction: 1985
Email or call: Blake Taylor (914) 738-9350
Financials
Asking Price Range: $2.5M - $5.0M
Gross Revenues:
$900,000
Cash Flow:
$200,000
Cash Flow Type: Sellers Discretionary Cash
Seller Financing: Not Disclosed
About The Business
Year Established: 1985
Number of Employees: 10 - 19
Relocatable: Not Disclosed
Franchise: Not Disclosed
Current Real Estate: Owned
Property: Property For Not Applicable
Click on the "I'm Interested" button above for more information on this Food and Beverage > Restaurants and Fast Food (Non-Franchise) business for sale.
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Print Listing Id: 700103997
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