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

Bar Lounge with Mediterranean Cuisine for sale in Bergen County, NJ

Bergen County, New Jersey (NJ)

Asking Price: Gross: Cash Flow:
$ 475,000 $ 550,000 $ 125,000

Furniture and Fixtures Value:
$ 450,000 (included in the asking price)

Inventory Value:
$ 4,500 (not included in the asking price)

Business Summary:
A Bar Lounge with Mediterranean Cuisine Business located in the prime, upscale area of New Jersey. The business is only minutes away from the George Washington Bridge with thousands of drive by customers daily. The owner recently fully upgraded the facility for an attractive image and now includes an outdoor patio and a fully equipped commercial kitchen. The offering includes a liquor license valued at $350,000. This is a very unique opportunity due to the key location of the business and visitor attraction. The surrounding communities include many commercial businesses and hundreds of high-rise units with thousands of potential customers. Please contact our office for further information.

 

   
Year Business was Established: 2004
   
Number of Employees: 3  
   
Facilities / Terms of Lease: Facility consists of 1,550 square feet with ample seating and a large outdoor patio. This business boasts an ultra modern design and is located just minutes away from the George Washington Bridge. The seller will provide the new owner with a 10 year lease plus a 5 year option for continuation. The seller will also supply an option on the purchase of the real estate property. The real estate purchase is available through our real estate division. A valuable liquor license is included in the sale.  
   
Potential Growth/Expansion: This is a newer, recently remodeled facility which requires great promotional activity and advertisements to further develop.  
   
Competition: No similar competitors exist in the immediate area.  
   
Owner willing to finance: Seller financing is available  
   
Owner willing to train: Seller will provide a complete due diligence period. Sale is subject to the successful transfer and approval of the liquor license.  
   
Reason for selling: Retirement  
   
Seller Reference Number: BAR138
BusinessMart.com Listing Number: 71166
 

 

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For more info contact:

Ronald Cervelli

Regal Consulting Corp.
973-837-0808

CONTACT SELLER

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