Warning: count(): Parameter must be an array or an object that implements Countable in /home/customer/www/oceancitynjrealestategroup.com/public_html/wp-content/themes/realestate/single-properties.php on line 7
| Type: Business Only | Style: Commercial |
| City: Ocean City | Area: Boardwalk |
| Sq ft: 600 | Dimensions: 15x40 |
Features:
- $113,000 in Capital Equip & Building Refit Premier High Traffic Boardwalk Location
- Attractive Assignable Lease
Property Description:
Boardwalk Sellers Have Authorized An
ASSET LIQUIDATION!!!!
The HOT DOG SHACK & HAMBURGER JOINT
Business Sale: The Seller invested $113,000 in capital equipment & improvements for the commercial business less than 2 years ago. All equipment is virtually brand new/2 years young. The current asking price is for all assets, plus the assignability rights to an attractive boardwalk lease. Sale Offering Has Incredible Value! You can buy the existing Hot Dog/Hamburger Business or Start Your Own New Business in a Fabulous Prime Boardwalk Location! Highest traffic volume on the Ocean City Boardwalk.
The Seller has instructed us to officially liquidate all assets to the HIGHEST BID OFFER!
Seller wants to execute a Bill of Sale this week to the highest offer made through the presentation of any and all Letters of Intent made over the next few days. Qualified Cash Buyers Only.
2014 Lease Reduction: The current boardwalk lease is a 5 year lease with 3 years remaining at an attractive rent. You, as the new owner, can either opt for the 3 year lease assigned or enter into a new 5 year lease under the same terms*. The balance for 2014 is substantially lower (approx $35,800) since the Seller has already made installment payments on the 2014 lease. At the Seller’s expense & the Buyer’s opportunity, you will benifit from the major discount. ACT NOW!
Lease is payable in full upfront, and the assumption of the lease will be a part of the commercial sales contract.
Call Us Now For More Details & Place An Offer!
HIGHEST PRESENTED OFFER WILL BE ACCEPTED!
Original Asking: $249,000
ASKING $100,00
JUST REDUCED: $88,000 or HIGHEST BID WINS!
UPDATE: Closed Commercial Sales Transaction was for $50,00 towards FF&E and $152,500 towards an assumable existing lease agreement. (Seller’s concession $16,666 towards lease payment.)
OCEAN CITY BOARDWALK
BUSINESS FOR SALE!
Outstanding commercial Ocean City Boardwalk Business acquisition opportunity in premier high traffic Ocean City Boardwalk location. The Hot Dog & Hamburger Joint business sale is strictly for the purchase of all assets only & includes a very rare opportunity to acquire a very attractive assignable Ocean City Boardwalk lease. Sale includes a whopping $113,000 of capital equipment & building refit which is less than two years old!!!
Become the new owner of the Hot Dog Shack or explore a lease buy-out to start your own business at the Jersey Shore!!
Boardwalk property located in a very high traffic area near Surf Mall and beside Waffle Cabin, Kohr Bros Ice Cream, and Chickie & Pete’s. Business Boardwalk sales like this one rarely come onto the market and won’t last long! Easy to show! NDA required.
Contact us at (609) 412-5547 for more information.
Call Us: (609) 412-5547
Ocean City Real Estate Group, Keller Williams Realty - Jersey Shore