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Businesses For Sale > Business For Sale in Essex County, New Jersey (NJ)
Safe Area Liquor Store Tavern for sale in Essex County, NJ
Essex County, New Jersey (NJ)
| Asking Price: |
Gross: |
Cash Flow: |
| $ 555,000 |
$ 456,000 |
$ 223,002 |
Furniture and Fixtures Value:
$ 230,000 (included in the asking price)
Inventory Value:
$ 40,000 (not included in the asking price)
Real Estate:
$ 275,000 (included in the asking price)
Business Summary:
Completely rebuilt with new internal construction throughout building basement and first floor. Very attractive interior with 10 door refrigeration and 10 barstools and 20 seating for club atmosphere 50%. Take out 50% bar and figures are growing. These are grossly underestimated projected figures as place is doing in excess of $9,000 weekly sales are divided equally between beer/wine/liquor. Place even has small prep kitchen (not presently in use). Attractive bar always has patrons in evening becomes packed with loud music coming from much used juke box. Business is increasing weekly in safe area of city comprised of all single family homes. Has attractive female bartenders on weekend, now is area gathering place as there are no other bars or liquor stores in the entire area. Except in rough areas this business is once valued at $180,000. Building $275,000 FF+E $230,000 Total value $685,000 because owners disagree pick it up for $555,000 building license and business. Projected earning figure of $223,000 should be reached well before year is out.
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| Year
Business was Established: 1978 |
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| Number of Employees:
4 |
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| Facilities / Terms of Lease:
Brand new constructed bar/store in sale area very attraction club atmosphere inside with big sound coming from juke box. (Returns now about $175.00 a week). Small prep kitchen patron parking on street. |
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| Potential
Growth/Expansion:
Time will bring in new customers as this is the only liquor store bar within the entire area. Extremely attractive on inside with everything brand new. |
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| Competition:
No clubs in this neighborhood area have to go to main street ½ mile away to find a rough bar. |
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| Owner
willing to finance:
Financing of $55,000 negotiable as to interest and length of time. |
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| Owner
willing to train:
2 weeks |
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| Reason for selling:
Partners disagree |
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Seller Reference Number: 3701vm
BusinessMart.com Listing Number: 47407 |
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To request more information
on this business
please fill out the form shown right 
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For
more info contact:
Larry Bodner
Executive Business Brokers
908-851-9040
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