High Volume 2 Bars / multi concept restaurants

Ocean, NJ (Monmouth County)

Seller Financing Available
High Volume 2  Bars / multi concept restaurants
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Asking Price: $1,600,000

Cash Flow: N/A

Gross Revenue: $2,900,000

EBITDA: $500,000

FF&E: $800,000

Inventory: $76,000

Rent: $11,666.67 /Month

Established: 1972

High Volume 2 Bars / multi concept restaurants

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Business Description

Superb Corner Main street in most desired Community Monmouth

Ideal for creative Chef !!!
Exceptional concept / Superb visibility / AAA+++ Location/ Location / well established
Power House business / municipal Parking reasonable taxes , superb potential property investment with option to purchase .
Very unique, one of a kind , ideal for chef or working family .MULTIPLE CONCEPTS IN PLACE WITH BREW PUB- 2 BARS

Detailed Information

Location:
Ocean, NJ
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
7,200
Lease Expiration:
N/A
Employees:
17
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
one side 165 seats Dining Rooms / two bars / second concept 86 seats Eclectic- fun concept / multi concepts Growing average 15% a year last 4 years .
Competition:
limited competition at this level
Growth & Expansion:
space to expand within the building upper floors , additional to the 7200 sq ft there is a basement and second floor storage and office .
Financing:
Seller will consider to qualified
Support & Training:
Will Train- ideal for family with experience/ managers in place
Reason for Selling:
Retiring to Key West florida
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(from currently available funds)
 
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Thierry Smith

Business Listed By:
Thierry Smith

1st Jersey Commercial

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