Established Restaurant For Sale in Atlantic County - 35668 Business Type: other eating & drinking places,other food stores,owner financing available,restaurant/ cafes/ diners
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Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $850,000 | Down Payment | $425,000 |
| Gross Revenues | $1,700,000 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $250,000 | Number of FT Employees | Register Free to View |
Financing
$425,000 Down and Balance of $425k for 84 months @ 6%
Business Description
Seller 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 family 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 included in the sale.
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.
In the restaurant business all his life, this owner is ready to retire.
In addition, please register with the listing number above by going to vestedbb.com, enter this number into the search bar, expand the listing, click on “view free financials”, fill out the short contact form and you are registered. This is our electronic non-disclosure agreement.
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 listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.
Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.
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