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

Neighborhood Bar & Grill w/ Live Entertainment for sale in Essex County, NJ

Essex County, New Jersey (NJ)

Asking Price: Gross: Cash Flow:
$ 150,000 $ 200,000 $ 50,000

Furniture and Fixtures Value:
$ 175,000 (included in the asking price)

Inventory Value:
$ 2,500 (not included in the asking price)

Business Summary:
A Neighborhood Bar & Grill with live entertainment located close to a Rail Station and in a quaint town of Essex County, New Jersey. This twenty eight year old business is very well known in the community and highly frequented by city locals and out of town commuters. The opportunity consists of an attractive bar facility with a private dining room often used for live entertainment. A valuable consumption Liquor License is included in the sale. The seller is prepared to finance a portion of the sale to a qualified purchaser. This is an excellent opportunity priced at fair market value. Please call for additional information.

 

   
Year Business was Established: 1981
   
Number of Employees: 3  
   
Facilities / Terms of Lease: Bar facility consists of 1,400 square feet with an indoor seating capacity for 50 people and additional seating for 20 in the bar area. The business also has an ample dining area with a capacity for 100 people. A new lease will be supplied to the new owner with and an option to purchase the real estate property. The real estate purchase is available through real estate division. A valuable liquor license is included in the sale. Monthly rent payments are approximately $2,275.  
   
Potential Growth/Expansion: With an improved food menu this business can be further developed towards a greater income.  
   
Competition: There are no other Pubs in this particular area.  
   
Owner willing to finance: Seller financing is available  
   
Owner willing to train: Seller will provide a complete review period. Sale is subject to the successful transfer and approval of the liquor license.  
   
Reason for selling: Retiring from the industry.  
   
Seller Reference Number: BAR146
BusinessMart.com Listing Number: 72523
 

 

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For more info contact:

Ronald Cervelli

Regal Consulting Corp.
973-837-0808

CONTACT SELLER

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