Real Estate With Liquor License For Sale
Location New Jersey,United States
Asking Price Range $5.0M - $10.0M
Gross Revenues $1118000
Net Profit / Cash Flow $577500
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1974
Number of Employees 10 - 19
Relocatable Not Disclosed
Number of Employees 10 - 19
Real Estate Owned
Description Great location in South Jersey on a major highway. 100 rooms (43 king size and 57 double-bed). Restaurant with liquor license and banquet room leased on a long-term basis. Continental breakfast provided. Prestigious area close to Philadelphia. Approximately 4 acres of ground. An experienced owner/operator can add to existing facilities. Public water and sewer. Can bring a national franchise chain or a sports bar - the present lease can be bought out. Very low royalties - fixed payments of only $2,000 per month. Franchise is year to year. Cash flow noted is for owner/operator working 50 hrs. per week taking NO salary; before debt service. Contact for more information on this Real Estate With Liquor License for sale.
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