Business Summary:
Jazz Bar & Lounge facility located in a downtown area of Middlesex County, New Jersey. The business has existed for many years and the location has always attracted large crowds. This long established Bar is a town landmark and was fully renovated into a Martini Lounge with an \"upscale feel\" and gorgeous decor. The facility now includes a beautifully crafted entrance door and a stunning and illuminated Bar with a luxurious granite top. The facility also has additional outdoor seating. A valuable liquor license with an approximated value of $125,000 is included in the sale. The business is now closed because the owner cannot devote the necessary time to the operation of the business. Therefore, he has priced the asset sale with liquor license very aggressively. A must see location!
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| Year
Business was Established: 1968 |
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| Number of Employees:
3 |
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| Facilities / Terms of Lease:
Facility is very attractive and consists of 2,000 square feet with an indoor seating capacity for 105 customers. An existing long term lease with additional options is available for transfer. A valuable Liquor License is included in the sale. The monthly rent is $2,042. |
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| Potential
Growth/Expansion:
With onsite management and an updated marketing the business can improve further. |
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| Competition:
No similar Bars exist in the immediate area. |
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| Owner
willing to train:
Seller will provide a full due diligence and transitional period. Sale is subject to the successful transfer and approval of the liquor license. |
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| Reason for selling:
Absentee Ownership |
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Seller Reference Number: BAR142
BusinessMart.com Listing Number: 71918 |
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