Return to broker profile

Bar Restaurant for Sale in Cape May County, NJ.

Cape May County, NJ

Bar Restaurant for Sale in Cape May County, NJ.
Contact Seller

Asking Price: $999,000

Cash Flow: $95,100

Gross Revenue: $685,000

EBITDA: $95,100

FF&E: N/A

Inventory: $15,000*

Real Estate: $850,000

Established: 2011

*not included in asking price.

Bar Restaurant for Sale in Cape May County, NJ.

Save Print Share Valuation Report

Business Description

Bar/Restaurant for sale located in Cape May County, NJ with beautiful sunset view overlooking bay. This restaurant has an outside bar area that overlooks the bay and sunset that seats 80 and indoor bar that seats 120 and another outside seating area that seats 40. Beautifully upgraded restaurant with a newly renovated inside bar that has wrap around seating. They are open dinner only full time from Memorial Day to Labor Day and weekends only thru December. Closed January thru April. Excellent turn-key business. Real estate appraisal on file for $850,000. Selling due to owner health problems. 30,000 cars a day pass by this location in season. Could extend hours to increase business.
Owner works front of house only. Back of house runs perfectly with a seasoned staff. Motivated seller

Detailed Information

Location:
Cape May County, NJ
Inventory:
Not included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
6,300
Employees:
10FT-10PT
Facilities:
6,300 SF. Seats 240
Support & Training:
2 Weeks
Reason for Selling:
Severe health problems
Contact Seller

Contact the Seller

Contact Seller Loading

Eleanor Murray

Business Listed By:
Eleanor Murray

Murray & Associates

Show Phone Number

View My Listings

Listing Statistics

Unlock

Demographic Information

Unlock


Ad#:1656833 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.


Similar Listings


Abbott's Frozen Custard

Franchise Opportunity In NJ
Cash Required: 100000