Bar and Restaurant - Real Estate Included

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Formerly a Gentlemens Club
Asking Price:
$499,000

Gross Revenue:
 Not Disclosed
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

Real Estate:
$425,000
included in asking price

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Business Description

Asset Sale - BAR, KITCHEN Equipment, Liquor License and Real Estate - all for only $499,000!

This Bar and Restaurant in South Jersey has a full kitchen, seating for over 80, plenty of parking and Great visibility. The business includes the property and an Entertainment & Package License. The business is closed but the property has been well maintained. Ideal for a bar/restaurant, lounge/club, Irish Pub or Gentlemen's club. Must see to appreciate. The freestanding building is 24 years old and was completely updated by the past owner.

The interior is 3,649 square feet, 199 occupancy and there is parking for approximately 65 cars. The frontage is nearly 227 feet. Only minutes outside of Atlantic City with easy access from Cape May, Cherry Hill, Princeton and Philadelphia.

Motivated seller!

About the Business

Location:
New Jersey
Year Established:
2006
Real Estate:
Owned
Building Sq. Ft.:
3,649
Facilities:
3649 sq ft building
2.08 Acre property
Newly Rehabbed
Plenty of Parking
Low taxes
Liquor license included in the sale price
Sound System
Market Outlook/
Competition:
Little competition.
Growth & Expansion:
Marketing/signage and internet promotions.
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About the Sale

Reason For Selling:
The owner passed away.
Training/Support:
Will train for 2 weeks @ $0 cost.
The club is currently not in use since the owner passed away. It is ready to go with minimal additional investment. Includes Entertainment Bar and Package License. Must be approved for the license.

Listing Info

ID:
1546394
Ad Detail Views:
340

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Business Listed by

Russell Miller

Murphy Business Sales

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