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BUSINESSES FOR SALE

If you are looking to buy a business or sell a business, GlobalBX can help you. GlobalBX is a free business for sale listing exchange that provides a confidential forum to facilitate the buying and selling of businesses with thousands of businesses and franchises for sale as well as comprehensive business information for business buyers and business sellers. Buy a business, sell a business, find a franchise for sale or franchise opportunity at GlobalBX. Click Here to access GlobalBX's full site.

Businesses For Sale   >>   New Jersey Businesses For Sale Categories   >>   

Bar Restaurant At The Shore

Location  New Jersey,United States
Asking Price Range  $500K - $1.0M
Gross Revenues  $432000
Net Profit / Cash Flow  $90000
Cash Flow Type  EBITDA
Seller Finance  Yes
Year Established  2007
Number of Employees  6 - 9
Inventory  95000 Equipment & 25000 Inventory
Relocatable  No
Number of Employees  6 - 9
Real Estate  Leased
Training  The seller will supply a full transitional period and remain thirty days post closing.
Reason for Sale  The seller is involved in many other businesses.
Description  Very well known and reputable Mediterranean style restaurant in a beautiful beach town of Monmouth County, NJ. Only 3 blocks from the beach, this restaurant boasts the best happy hour at the Jersey Shore and imports only the freshest seafood from around the world. The very talented chefs have over 50 years combined experience in various different cuisines, and they bring this together with a number of nightly specials that encompass a wide range of cuisines. The sale includes a valuable consumption liquor license priced at $600,000. This restaurant generates an average yearly gross income of $500,000 and the seller can verify a consistent net income of $90,000. The 7,000 square foot facility is on a corner lot, among many other commercial businesses attracting large volumes of foot traffic. The business is 5 years old and open 7 days a week. This is an excellent opportunity to own an existing and already successful restaurant and bar at the Jersey Shore.
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