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

Bar/Restaurant (Property by Owner) for sale in Mercer County, NJ

Mercer County, New Jersey (NJ)

Asking Price: Gross: Cash Flow:
$ 550,000 $ 1,535,312 $ 241,172

Business Summary:
LISTING ID # 31948Stand Alone Bar/Rest/Liq. Lic. & Property. The business, liquor license and property must be purchased together. This is a prime corner location in the middle of a very busy area. They have fantastic reviews and offer traditional American fare. The upstairs bar and dining room were just renovated. In the past year the business grossed approx. $1,535,312.60 (65% bar/35% food) with a net cash flow of approx. $241,172.00 for an owner/operator. The business is fully staffed with 20 employees. The purchase price breaks down as follows, the business for $550K, the liquor license for $350K and the stand alone property (with private parking lot) for $1.3 mil direct from the owner. The owners keeps excellent financial records. As such, the business will qualify for SBA financing with approx. 30% down ($660K). We are seeking a serious and financially qualified buyer with at least $660K in liquid funds. Proof of funds will be requested. All site visits must be discreet. Please do not speak with anyone when visiting the location. All meetings must be scheduled by appointment only! Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at [email protected] or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers. For more information on this listing- copy and paste this link into your browser https://www.vestedbb.com/lid-31948 for instant access to this business information.

 

   
Year Business was Established: 1982
   
Number of Employees: 6FT/14PT  
   
Owner willing to finance: 650,000.00 Down & The listing will qualify for SBA financing with at least 30% down. BUSINESS. LIQ. LIC. AND PROPERTY MUST BE PURCHASED TOGETHER.  
   
Owner willing to train: Seller will train  
   
Reason for selling: Divesting  
   
Seller Reference Number: 31948
BusinessMart.com Listing Number: 273360
 

 

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