Great Bar/Restaurant

Asking Price$498,800

Cash Flow
$250,000

EBITDA$285,000

Gross Revenue$1,358,000

Inventory$7,000
Included in asking price
FF&E$145,000
Included in asking price
Real EstateNot Disclosed

BarSave

Great Bar/Restaurant


Asking Price$498,800

Cash Flow
$250,000

EBITDA$285,000

Gross Revenue$1,358,000

Inventory$7,000
Included in asking price
FF&E$145,000
Included in asking price
Real EstateNot Disclosed


Seller Financing Available
Business Description
Prime location, high population with good income. Running as Absentee owner.
The income numbers here is the PROJECTION when new owner involved.
Total size is around 6000sf with upstairs. 140 seats. Hard to find opportunity. Perfect for the Sports bar business if wanted. 20 years Long lease. Very very low rent. Spent $600,000 for the renovation.
Parking available. Rent is only $17,000/m. Simple menu and can be converted to any food. Around 10,000 plus residential and commercial units within a mile. Please text 1 201 328 4324 or email. leo@citypropertyassociates.com. Only for the qualified buyer financially.
About the Business
Years in Operation
20
Number of Employees
8
Facilities & Assets
Full bar and full kitchen. Turn key operation.
Market Outlook / Competition
The best location for the bar and restaurant at NJ state with dense population. Competition is not much.
Opportunities for Growth
More social media marketing and delivery support around the city, which will bring extra sales.
Sports bar expansion will be a jack pot in this city without competition.
About the Sale
Seller Motivation
Retire
Transition Support
The seller will provide all the needs for the smooth transition.
Financing Options
Some possible when credit is acceptable.
Listing Info
ID
2304978
Listing Views
1899

Contact Seller

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Business Listed by: Leo NYNJ Business,LLC.

Listing ID: 2304978 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 of Use. Learn how to avoid scams.


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