Business Summary:
A Bar Grill located with a cozy atmosphere in a prime area of Somerset County, New Jersey. This Bar is very popular with the nearby communities and provides its patrons with a comfortable and cozy atmosphere. The facility is on a free standing building with a large private parking area. The business has a spacious bar with a separate area for games, pool and darts which generates additional income for the current owner. The sale includes a consumption Liquor license valued at $175,000. The seller recently reduced the price and is VERY MOTIVATED TO SELL! This is an excellent opportunity to own a well known Bar Tavern!
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| Year
Business was Established: 2002 |
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| Number of Employees:
14 |
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| Facilities / Terms of Lease:
Facility consists of 1,500 square feet with an indoor seating capacity for 125 customers. An existing lease expiring on 2012 and with two additional 5 year options is available for transfer. Private parking for 25 vehicles is available and included in the sale. Sale also includes a valuable consumption liquor license. The monthly rent is approximately $2,600. |
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| Potential
Growth/Expansion:
With full time management and further local advertising, this business can be improved. |
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| Competition:
No similar competitors exist in the immediate area. |
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| Owner
willing to finance:
Seller financing is available with $90k down. |
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| Owner
willing to train:
Seller will provide a complete review and training period. Sale is subject to the successful transfer and approval of the liquor license. |
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| Reason for selling:
Retirement from this industry |
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Seller Reference Number: BAR136
BusinessMart.com Listing Number: 71113 |
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