Steak & Seafood Restaurant For Sale
www.GlobalBX.com
Listing ID:
700144778
Listing Title:
Steak & Seafood Restaurant For Sale
Quick Link:
http://www.globalbx.com/listing.asp?bId=144778
Industry:
Food and Beverage
Industry Segment:
Restaurants and Fast Food (Non-Franchise)
Country:
United States
State / Province:
New Jersey
Area
City:
Cape May County
Asking Price Range:
$5.0M - $10.0M
Gross Revenues:
$1,100,000
Cash Flow:
$700,000
Cash Flow Type:
Sellers Discretionary Cash
Year Established:
1995
Number of Employees:
10 - 19
Business Description:
Oyster Bay Restaurant & Bar is a two story, free standing building built in 1995. It is a chef/owner operated business specializing in fine steaks & fresh local seafood. There are three dining rooms with a total of 140 seats and a 16 seat bar & lounge area. The property has an 8,000+ sq ft rear parking lot with access from both Lafayette & Broad Streets. Oyster Bay is zoned C-3 with a Broad C liquor license, which includes the sale of package goods. Its location is in the center of town next to the Welcome Center within walking distance from the Washington Street Mall, beaches, houses of worship, hotels, B&B's, local shopping and family entertainment.
Asking Price: $6,000,000
Gross Revenue: $1,000,000+
Gross Revenue Comments: Revenue based on seven days a week June-September 5:00-9:00pm. Weekends mid-March to June and October to mid-December
Cash Flow: $600,000+
Inventory: Included in asking price
Real Estate: Included in asking price
Email or call Thomas Laffey at 609-408-7210 for more information on this restaurant for sale.
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