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#Business ID: 12723

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Upscale Restaurant Beach Block w/ Real Estate

Business Location: New Jersey, United States

Asking Price: $ 2,750,000 Revenue: $ 1,800,000 Cash Flow: $ 400,000

[Furniture / Fixtures included]

Business Summary

Upscale Restaurant beach block at the Jersey Shore. Over 5000 sg ft with large , fully equipped kitchen and large dining areas that can handle high volumes of business. Business is only open 7 months of the year and currently only serves dinner. Great opportunity for a new owner to open for breakfast and lunch to increase cash-flow. Location has ample parking on premises with beautiful full home upstairs that boasts over 4,500 sq ft of living space. This business and property is just too nice to describe. MUST see!! Only Serious and Qualified Buyers, proof of funds will be required prior to showing, Call today for more details, this will sell fast.

Property Details

FF&E:

$ 300,000

Other Business Details

Premise Details:

Beautiful,exceptional one of a kind Restaurant with 265+ seating Immaculate kitchen fully equipped . MUST see words do not do justice. Located in Resort location beach block,with tremendous foot traffic and plenty of parking., Business is open for diner only. New owner can open for breakfast, as there is a need for breakfast, can increase cash flow

Competition:

Well established over 15 years. One of a kind very limited competition. Due to location very hard for anyone to break into market. Business has no negative attributes.

Business Operation Details

Employees:

45+

Support & Training:

Seller will do transition

Miscellaneous Details

Reason For Selling:

Moving out of state

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