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Neighborhood Bar & Grill w/ Live Entertainment
| Asking Price: | $150,000 | Inventory: | $2,500 ** |
| Gross Revenue: | $200,000 | Real Estate: | n/a |
| Cash Flow: | $50,000 | FF&E: | $175,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
A Neighborhood Bar & Grill with live entertainment located close to a Rail Station and in a quaint town of Essex County, New Jersey. This twenty eight year old business is very well known in the community and highly frequented by city locals and out of town commuters. The opportunity consists of an attractive bar facility with a private dining room often used for live entertainment. A valuable consumption Liquor License is included in the sale. The seller is prepared to finance a portion of the sale to a qualified purchaser. This is an excellent opportunity priced at fair market value. Please call for additional information.
About the Business
Year Established:1981
Employees:3 full time -
Facilities:Bar facility consists of 1,400 square feet with an indoor seating capacity for 50 people and additional seating for 20 in the bar area. The business also has an ample dining area with a capacity for 100 people. A new lease will be supplied to the new owner with and an option to purchase the real estate property. The real estate purchase is available through real estate division. A valuable liquor license is included in the sale. Monthly rent payments are approximately $2,275.
Market Outlook and Competition:There are no other Pubs in this particular area.With an improved food menu this business can be further developed towards a greater income.
About the Sale
Management Training and Support:Seller will provide a complete review period. Sale is subject to the successful transfer and approval of the liquor license.
Reason For Selling:Retiring from the industry.
Seller Financing:Yes, seller financing is available
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State: New Jersey
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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