Established 40-Year-Old Restaurant & Bar in Atlantic County, NJ
Financial Details
- Asking Price:
- $850,000
- Annual Revenue:
- $1,700,000
- Cash Flow / SDE:
- $250,000
- Profit Metric:
- Cash Flow
- Valuation Multiple:
- 3.4x
- Location:
- NJ, US
- Source:
- Date:
- September 15, 2025
Key Highlights
Description
This listing presents a unique opportunity to acquire a well-established, 40-year-old casual dining restaurant and bar located in Atlantic County, New Jersey. The business boasts a strong local presence and features both indoor seating for 184 patrons and an outdoor patio accommodating 40 guests. It benefits from fantastic frontage and extensive off-street parking for 100 vehicles, along with a valuable liquor license and bar area. Sales have shown consistent year-over-year growth, with increases reported year-to-date in 2023. The dedicated waitstaff is stable and well-compensated, with potential for attracting additional staff to expand limited weekend hours or enhance bar operations. The owner, having dedicated their life to the restaurant industry, is now ready to retire, making this an ideal acquisition for a motivated buyer looking to step into a proven business.
Industry Information
- Industry Description:
- Casual Dining Restaurant and Bar
- Classification:
- Restaurants & Food
Operational Snapshot
- Year Established:
- 1985
- Reason for Selling:
- Retirement
Real Estate & Lease
- Status:
- Available On Request
Listing Details
- Listing ID:
- 68f35de4-0230-4805-866d-5c0159a6a121
- Source Listing ID:
- 35668
- Deal Status:
- For Sale
- Date Posted:
- May 22, 2023
- Last Updated:
- September 15, 2025
- Currency:
- USD