Bar and Restaurant - Real Estate Included

NJ

Bar and Restaurant - Real Estate Included
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Asking Price: $499,000

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Real Estate: $425,000

Established: 2006

Bar and Restaurant - Real Estate Included

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Business Description

Formerly a Gentlemens Club

Asset Sale - BAR, KITCHEN Equipment, Liquor License and Real Estate - all for only $499,000!

This Bar and Restaurant in South Jersey has a full kitchen, seating for over 80, plenty of parking and Great visibility. The business includes the property and an Entertainment & Package License. The business is closed but the property has been well maintained. Ideal for a bar/restaurant, lounge/club, Irish Pub or Gentlemen's club. Must see to appreciate. The freestanding building is 24 years old and was completely updated by the past owner.

The interior is 3,649 square feet, 199 occupancy and there is parking for approximately 65 cars. The frontage is nearly 227 feet. Only minutes outside of Atlantic City with easy access from Cape May, Cherry Hill, Princeton and Philadelphia.

Motivated seller!

Detailed Information

Real Estate:
Owned
Included in asking price
Building SF:
3,649
Facilities:
3649 sq ft building 2.08 Acre property Newly Rehabbed Plenty of Parking Low taxes Liquor license included in the sale price Sound System
Competition:
Little competition.
Growth & Expansion:
Marketing/signage and internet promotions.
Support & Training:
Will train for 2 weeks @ $0 cost. The club is currently not in use since the owner passed away. It is ready to go with minimal additional investment. Includes Entertainment Bar and Package License. Must be approved for the license.
Reason for Selling:
The owner passed away.
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Russell Miller

Business Listed By:
Russell Miller

Murphy Business Sales

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business.

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