Bar & Hotel - Great Opportunity for Growth
Woodstown, New Jersey
Asking Price: |
Gross: |
Cash Flow: |
$795,000 |
$370,000 |
$130,000 |
Inventory Value:
$7,500 ( not included in the asking price)
Real Estate:
$0 (included in the asking price)
Business Summary:
This Bar/Hotel is a city icon established for 113yrs and provides the area with short term housing and a Great bar/restaurant for captive clientele plus local clientele. The restaurant has it's own following and the dance floor doubles for dining and dancing. The building is well maintained and clean. Tremendous property on Route 40 and Main St, drive through location for development. Rental income is as steady as it gets and pays all your bills. Cash flow noted is for owner/operator working 50 hrs. per week taking NO salary; before debt service
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Year
Business was Established: 113 |
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Number of Employees:
2FT/6PT |
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Owner
willing to train:
2 Weeks |
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Reason for selling:
Not Interested |
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REQUEST MORE INFO |
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