Bar/Restaurant/Packaged Goods For Sale In Cape May

Business Overview:

Bar/Restaurant/Packaged Goods for sale in Cape May County, NJ. Same owner 45 years. Needs owner operator. A very nice bar and restaurant with outdoor seating. Seats 258 people. Packaged Goods has a 33 'C' which is a consumption bar license, and its own separate entrance. Packaged Goods does 60% of the sales, and the restaurant 40%. Gross sales of $2,400,000. Appraised for $1,510,000 Real Estate and $825,000 liquor license for total of $2,335,000. Appraisal only a year old.

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Property Features and Assets:

Located on 1.42 acres with parking for 60+

Market Competition and Expansion:

Summer hours June 15-Sept 2. Packaged goods open Sun thru Wed 9-9, Thurs thru Sat 9-9:30. Bar/Restaurant open Sun thru Wed 12-8:30, Thurs thru Sat 12-9. Winter hours Packaged goods Sun thru Wed 9-8:30, Thurs thru Sat 9-9. Bar/Restaurant is open Sun thru Wed 12-8, Thurs thru Sat 12-8:30.

Reason for Selling:

Additional Details:

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