Restaurant on the Boardwalk
Cape May County, New Jersey
| Asking Price: |
Gross: |
Cash Flow: |
| $139,900 |
$252,000 |
$63,810 |
Furniture and Fixtures Value:
$75,000 (included in the asking price)
Business Summary:
Rare opportunity to own this 1,800 sq. ft. Restaurant/Sports Grille that seats 38 and is located on the Boardwalk in Cape May County on one of NJ finest year-round resorts with 8 miles of beautiful beach and a 2.5 miles of boardwalk with 2 Amusement parks. The boardwalk is visited by thousands of families per day in the summer months. This restaurant offers unrestricted view of the ocean was completely renovated only a few months ago and has 7 flat screen TV’s that “Always Has the Game On”. This facility is a high-volume/low overhead/prime location. The season starts in April and goes to October. These are projected figures for 2010. This is an asset sale. For further information please contact 908-851-9040 and ask to speak with Gene Reilly at Ext. 293.
|
|
| |
|
| |
|
| Year
Business was Established: 2004 |
| |
|
| Number of Employees:
2FT/3PT |
|
| |
|
| Facilities / Terms of Lease:
Completely renovated 1,800 sq. ft. restaurant + sports grille location on the boardwalk seats 38. This high volume, low overhead prime location is located in one of NJ’s finest year-round resorts. |
|
| |
|
| Potential
Growth/Expansion:
Business needs to be marketed. Can remain open on the weekend after season is over for additional business |
|
| |
|
| Owner
willing to finance:
2 ½ % + Prime |
|
| |
|
| Owner
willing to train:
Two weeks training with employees already in place |
|
| |
|
| Reason for selling:
Other business interest |
|
|
|
| REQUEST MORE INFO |
 |
|
