Business For Sale Listing 158283
Monmouth White Table Cloth Restaurant Bar
Status as of Jan-6-2009 at 05:59 PM: Active
Business Summary
Here is an opportunity to purchase a high end restaurant (excellent food) that never has an owner/operator on premises. Owner is involved with professional baseball and has no time to devote to his fantastic restaurant involvement. Frequented by professional ball players restaurant was completely renovated and improved with over $300,000 – cost added back in. As a professional sports figure, owner is not knowledgeable about needs directions and demands that this type of entity requires. This restaurant has had no owner operation since this inception 3 years ago. In spite of this, the restaurant continues to succeed has the only high end restaurant in this heavy vacation area. Restaurant does much better in the off seas in FALL through SPRING as better food with the absence of vacations with this better type of clientele continually enjoying themselves on repeat visits to this consistent food tasting and presentation new owner who would be hands on has to easily benefit on this restaurant concept. New motivated owner would receive benefit of clientele developed by past owners name recognition. Value of C license is $400,000 – Owner will give to buyer first option of first refusal of property.
Categories
Industry
Location
Financials
| Sales: |
Between $500 Thousand And $1 Million (942,000) |
| Profits: |
Between $100 Thousand and $500 Thousand (146,950) |
| Profit Type: |
Not Disclosed |
| Asking Price: |
Between $500 Thousand and $1 Million (795,000) |
