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Restaurant Bar w/ RE for Sale in Atlantic County, NJ.

Atlantic County, NJ

Restaurant Bar w/ RE for Sale in Atlantic County, NJ.
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Asking Price: $1,595,999

Cash Flow: $327,000

Gross Revenue: $1,200,000

EBITDA: $327,000

FF&E: N/A

Inventory: $15,000*

Real Estate: $1,700,000

Established: 1986

*not included in asking price.

Restaurant Bar w/ RE for Sale in Atlantic County, NJ.

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Business Description

Restaurant Bar w/ RE for Sale in Atlantic County, NJ.

Restaurant/Bar for sale in Atlantic County, NJ. located on a very busy highway with strong demographics. 8,500 sq ft building situated on approx 2.5 acre lot. Seats 280 patrons plus patio seating. Business is located on the main highway direct route to casinos and can build up to 150 feet as per ordinance to accommodate a 3 story hotel to this location. Current appraisal on file is $1,700,000 for real estate only. This is a great price for this property.

Detailed Information

Location:
Atlantic County, NJ
Inventory:
Not included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
8,500
Employees:
14FT- 9PT
Facilities:
8,500 SF. Seats 280.
Competition:
Business located on main highway direct route to casinos. Strong demographics.
Support & Training:
2-4 Weeks
Reason for Selling:
Retiring
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Eleanor Murray

Business Listed By:
Eleanor Murray

Murray & Associates

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