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Bar/Restaurant
| Asking Price: | $325,000 | Inventory: | $30,000 ** |
| Gross Revenue: | $340,000 | Real Estate: | n/a |
| Cash Flow: | $72,000 | FF&E: | $225,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
Long established bar/restaurant in town for 60 years – owned by same family. Broad C license valued at 150k with no marks. FFE valued at 85k kitchen all new equipment. 2 pool tables with organized teams – also softball team in local league. Seats 75 total. Outside deck for summer dining. Parking for 13 cars and also street parking available. Owner is landlord – looking for someone who knows the business and will maintain the excellent reputation. For further information, please contact 908-851-9040 Ext. 270.
About the Business
Year Established:1949
Employees:2 full time - 2 part time
Facilities:Well maintained bar/restaurant and furnishings and general condition in great shape. Shows extremely well.
Market Outlook and Competition:Excellent reputation in area been in business for 60 years
About the Sale
Management Training and Support:1 month
Reason For Selling:Retire
Seller Financing:Prime + 2%
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