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Businesses For Sale > Business For Sale in Hudson County, New Jersey (NJ)

Popular Bklyn/NYC Style Bar/Restaurant/Venue for sale in Hudson County, NJ

Hudson County, New Jersey (NJ)

Asking Price: Gross: Cash Flow:
$ 490,000 $ 526,000 $ 150,000

Furniture and Fixtures Value:
$ 55,000 (included in the asking price)

Inventory Value:
$ 23,000 (included in the asking price)

Real Estate:
$ 950,000 (not included in the asking price)

Business Summary:
High profiting bar/restaurant with a hip look, 30' craftsman bar, great upscale comfort food menu, large new commercial kitchen, huge craft beer selection with 18 taps, a great courtyard for outdoor dining and a full sound board and stage set-up for live entertainment in the huge back room. New Epson projector set-up for 155" large screen sporting events. Pool table and games. This bar has it all and boasts the #'s to show it. Owner keeps meticulous books. Serious inquiries only.

 

   
Year Business was Established: 2011
   
Number of Employees: 10  
   
Facilities / Terms of Lease: 3,750 square feet + use of bsmt with walk-in/beer cooler. Negotiable lease terms or option to buy real-estate. Liquor License included in asking price. Plenty of on-street parking and a municipal parking lot a half block away!  
   
Potential Growth/Expansion: Much potential for even more growth if new owner opens earlier daily for lunch/brunch and booked more live entertainment. Bar currently opens evenings only and only books events about once/month and still has great annual gross sales.  
   
Competition: Great corner building location only a few blocks from Light Rail Train. Minutes from Jersey City & NYC and surrounded by several new and under construction upscale condo buildings with expected hundreds of potential new customers!  
   
Owner willing to train: Owner will train on-site for two weeks and be available for business consult as landlord should buyer choose not to purchase real-estate thereafter.  
   
Reason for selling: Husband and wife have growing family and pursuing other business interests.  
   
Seller Reference Number: bm10467109
BusinessMart.com Listing Number: 172454
 

 

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