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Local Pub & Restaurant - 60% Liquor Sales - Absentee Ownership

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Essex Co., New Jersey   |   Food and Beverage  – Bars, Taverns and Nightclubs   |   Food and Beverage  – Restaurants   |   Businesses for Sale Between $1M and $5M

Business Description

Exactly what most buyers are looking for!!!!!!

Ideal for anyone who wants a low risk restaurant investment. Property, liquor license, furniture, fixtures, equipment all included in sale. Concept has a very long history of success, few changes needed to keep it going.
Don't wait.....This won't last.

About the Business

Year Established:
1984
Facilities:
3,300 sq. ft. active pub with almost 30 years of history. Present absentee owners of 14 years have enjoyed a very loyal local customer base. Property also included in sale.
Market Outlook/
Competition:
On site ownership will automatically effect sales. Some decor TLC/refresh would also be a welcome sight for the customers. Delivery, off-premise catering, and marketing are presently non-existent. All would be an automatic boost. Operation is one of few in the area. One of only 3 liquor licenses in the town. A very unique local pub with very high liquor sales, low food cost and easily managed menu.

About the Sale

Reason For Selling:
Partnership has several different businesses and can't dedicate more time.
Training/Support:
Whatever is needed for a successful transition
Seller Financing:
First mortgage financing available using SBA Lender

Listing Info

BizQuest Listing ID:
1142366
Ad Detail Views:
503
Asking Price:
$1,295,000
Gross Revenue:
$1,000,000
Cash Flow:
 Not Disclosed
Inventory:
$10,000
not included in asking price

FF&E:
 Not Disclosed

Real Estate:
$750,000
included in asking price

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Business Listed by

Delaney Restaurant Realty

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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. See our full Terms & Conditions.