For Sale: Established Bar in South Jersey
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Asking Price
$1,100,000
Detailed Information
Business Description
A well-established bar restaurant in South Jersey is available for sale, boasting a long-standing owner and a prime location on a main street. With a spacious 5,000 square feet of space accommodating 120 indoors and 60 outdoors, this business presents a lucrative opportunity for an owner-operator. The business comes with a valuable $400,000 liquor license and is situated in an upscale area with a solid customer base. Under the current ownership for two decades, the establishment is now operating with the owner only putting in 10 hours per week, indicating significant potential for growth with more hands-on involvement. The business's 2023 sales are projected to reach $1,750,000, demonstrating a strong revenue stream. Additionally, there is an option to purchase the real estate along with the business for $1,700,000, providing a comprehensive investment opportunity for potential buyers. Don't miss this chance to own a thriving bar restaurant in a sought-after location in South Jersey.