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Asking Price:	$229,000 USD USA Dollars
Business for Sale Industry:	Food & Beverage: Bars, Clubs, Nightspots
Reason for Selling:	Absentee Owner involved in other businesses
Year Established:	1968
# of Employees:	3
Yearly Cash Flow:	$65,000
Yearly Gross Income:	$150,000

Business for Sale Overview:

A Martini Bar & Lounge with Live entertainment is located in a prime, Downtown area of Middlesex County, New Jersey. The business has existed for many years and has a wonderful reputation. This long established Tavern Ber is a town landmark and was recently fully renovated into a Martini Lounge with an upscale feel and a gorgeous design. The facility now includes a beautifully crafted entrance door and a stunning and illuminated Bar with a luxurious granite top. This lounge offers mainly drinks and minimal food and often has recognized musicians, DJs and theme nights. The business liquor license is included in the sale and has an approximated value of $125,000. A great opportunity to enter the Bar / Night club industry!

Property Features and Assets:

Very attractive, modern bar consisting of 2,000 square feet with a semi kitchen facility. This is a well maintained facility with a full basement and lots of seating. An existing lease with additional options is available for transfer. Outdoor seating and private parking is available.

Market Competition and Expansion:

No similar competitors exist in the general area. With on-site management this business can be further developed. A new marketing plan is required for an increase in sales.

Additional Details:

• The property is leased.
• 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.