Billiards & Entertainment in Major Mall
| Asking Price: | $450,000 | Inventory: | $10,000 ** |
| Gross Revenue: | $925,000 | Real Estate: | n/a |
| Cash Flow: | $140,000 | FF&E: | $375,000 ++ |
| ++ included in the asking price ** not included in the asking price |
Billiards and Entertainment Restaurant Lounge located near the Giant Statum at a major mall of Hudson County, New Jersey. The business provides local billiards and sports entertainment with a full service restaurant bar. The bar features over 20 varieties of bottled & draft beers with a wide assortment of liquors and the eatery offers an exciting menu which includes appetizers, sandwiches, burgers, salads and drinks. The business also offers party packages for private or corporate functions. The sale includes a valuable liquor license and the facility boasts an outstanding 8,500 + square feet. The business has a solid income with a wonderful long existing reputation. The owner is retiring and will provide financing to a qualified purchaser. Please call us for further details.
About the Business
Year Established:1994
Employees:12 full time -
Facilities:Facility consists of 9,500 square feet with an indoor seating capacity for 250 customers. The facility is located in a large modern mall with many other commercial businesses, shoppers and daily workers. An existing sixteen year lease with additional options is available for transfer. Ample mall parking is available and included in the lease agreement.
Market Outlook and Competition:No other similar type businesses are in the immediate area. With a new marketing plan and onsite management this business can continue to develop.
About the Sale
Management Training and Support:Seller will provide a full due diligence and transitional period.
Reason For Selling:Retirement after many successful years.
Seller Financing:Owner financing is available for a qualified purchaser.
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