Established Restaurant
Atlantic County, New Jersey
Asking Price: |
Gross: |
Cash Flow: |
$850,000 |
$1,700,000 |
$250,000 |
Furniture and Fixtures Value:
$500,000 ( not included in the asking price)
Inventory Value:
$8,000 (included in the asking price)
Real Estate:
$0 ( not included in the asking price)
Business Summary:
LISTING ID # 35668Seller financing Available to a Qualified Buyer Own this unique, 40-year-old beautiful casual dining restaurant and bar in Atlantic County. Features indoor and outdoor dining in a unique setting. None like it in the County. The restaurant seats 184 indoors and 40 on a spacious patio outdoors. Fantastic frontage and off-street parking for 100 vehicles. Liquor license and bar to unwind at day’s end or to enjoy a drink with one’s meal. Sales have been increasing each year and are up again YTD in 2023. The wait-staff is stable, well paid and additions to staff can easily be attracted in the area should the new owner wish to expand the limited weekend hours or feature the bar. Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at [email protected] or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers. For more information on this listing- copy and paste this link into your browser https://www.vestedbb.com/lid-35668 for instant access to this business information.
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Year
Business was Established: 2000 |
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Number of Employees:
23 FT/5 PT |
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Owner
willing to finance:
Yes |
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Owner
willing to train:
Seller will train |
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Reason for selling:
Retirement |
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REQUEST MORE INFO |
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