Business for Sale Overview:
Here is an under performing lounge in Paterson, located in a safe area with no competition. By the addition of kitchen and food service(No food establishment in area), Business could take off for lunch and open additional days during week. At present has DJ on Thursday nights only when the place is packed-same concept can be done Friday and Saturday also. Plenty of area in backroom to implement many changes to go along with decision to go with food or additional nights for DJ or both. "C" License valued at $150,000.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
20 stool long bar with large backroom, fire capacity over 200. Plenty of street parking. Has rental parking on 2nd floor.
Market Competition and Expansion:
No Competition in the area of Paterson.
Reason for Selling:
Owner moving to Florida.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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