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Asking Price:	$225,000 USD USA Dollars
Business for Sale Industry:	Food & Beverage: Bars, Clubs, Nightspots
Reason for Selling:	Retirement
Year Established:	1970
# of Employees:	6
Yearly Cash Flow:	$99,000
Yearly Gross Income:	$300,000

Business for Sale Overview:

A long standing Bar & Grill located on a busy state highway of Passaic County, New Jersey. The Bar is approved for full entertainment and also operates as a Restaurant Lounge and Night Club business. The facility has multiple bars and ample seating capacity for 200 customers with additional outdoor seating for 50. A valuable Liquor License is included in the sale. The facility also has a full kitchen and a large private room that can be used for parties. The owner is prepared to finance the sale to a motivated and qualified buyer.

Property Features and Assets:

The facility consists of 3,900 square feet with an indoor seating capacity for two hundred customers and additional outdoor seating for 50. The seller owns the real estate property and will supply the new owner with a long term lease. The real estate property is also available for purchase through our real estate division. Ample parking is available on-site.

Market Competition and Expansion:

Minimal competition exists in the area. The business can substantially improve with new management and a marketing plan.

Additional Details:

• The property is owned.
• The owner is willing to train/assist the new owner.
• The owner is not willing to work for 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.