Landmark Oceanfront Seafood Restaurant & Bar w/Real Estate - Corbett Business Sales & Acquisitions
Essex County

Landmark Oceanfront Seafood Restaurant & Bar w/Real Estate

Offered At
$ 200,000.00


Primary Industry
Restaurants & Food
Gross Sales
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Cash Flow
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Year Established
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Includes REA
Lease SF
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Lease Rate
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Lease Term
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Lease Description
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Real Estate Description
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Reason For Selling
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Rare opportunity for this excellent waterfront restaurant and bar with property. The space is well laid out with a massive bar and amazing views from every seat in the house. The room opens onto a massive outdoor deck with a second large bar overlooking the ocean and your own 350-foot-deep water dock with multiple boat slips for patrons to pull up to. It’s no wonder this popular spot has enjoyed decades of success with tourists and locals alike! Perfect for a chef owner/operator or someone looking to expand their brand. Boats, booze, and beautiful views – what more could you ask for!?! The owner wants a quick sale, is reasonable, and is offering a multitude of ways to help a qualified buyer make a deal happen!! Call for a showing of this rare opportunity today!!
FACILITY: Waterfront restaurant & bar that opens into a huge outdoor bar and dining area
includes 350 feet deep water boat slips
PARKING: Street and public lots
EQUIPMENT: The equipment is in excellent condition and has been well maintained
LEASE TERM: 10 Years (If Real Estate is Not Purchased)
BASE RENT: $15,000 NNN (If Real Estate is Not Purchased)
CONCEPT: Seafood Restaurant and Bar
SIZE: 3,808 square feet
SEATING: 345 seats
HOURS: Open Seasonally from April 1st – January 15th
LICENSES: Full Liquor and Full Entertainment Licenses
SALES: Historically in the 2million range
ASKING PRICE: $2,900,000 (For the Assets of the Business and the Real Estate)
(Business Assets Including Licenses: $200,000)

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