Business Summary:
A well known Restaurant Pub & Grill located on a busy avenue of Somerset County, New Jersey. This business is presently designed as a family restaurant with a Pub Grill that serves good food and drinks. The facility has a modern atmosphere with an attractive open stage kitchen for full viewing and two separate bar areas. Although the present setup is that of a family style restaurant the business can be expanded with later hours to attract an adult crowd for late night eating, drinking or entertainment. The sale includes a valuable liquor license and a long lease with a reasonable rent. This business has been successful for many years with different owners. The particular town area has been substantially upgraded into a well known shopping area. The Seller will finance the sale to a qualified buyer.
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| Year
Business was Established: 1980 |
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| Number of Employees:
11 |
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| Facilities / Terms of Lease:
Pub facility consists of 3,000 square feet with an indoor capacity for 125 customers and outdoor seating for 25 people. An existing thirteen year lease with additional options for continuation is available for the new owner. Ample municipal and street parking is available. |
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| Potential
Growth/Expansion:
With continued good service and by instituting an updated advertising plan the business can expand further. |
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| Competition:
No similar competitors exist in the general area. |
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| Owner
willing to finance:
Owner financing is available to a qaulified purchaser. |
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| Owner
willing to train:
Seller will provide a full due diligence and transitional period. |
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| Reason for selling:
Partnership Seperation & Relocating |
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Seller Reference Number: 143
BusinessMart.com Listing Number: 39776 |
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