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Business For Sale

Bar Restaurant With Excellent Cuisine

Somerset County, NJ, USA

Food & Beverage: Bars, Clubs, Nightspots

 
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$100,000
Not Disclosed
Not Disclosed
$70,000
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
1995
6
1773909
Owner Financing is Available
Seller financing is available with $60k down.

Business for Sale Overview:

A Bar Restaurant with excellent Mexican Cuisine is located in a most pleasant setting and commercial area of Somerset County, New Jersey. The facility is well maintained and on a main avenue; which attracts many daily visitors. The business is known for its delightful staff and great menu, with a large selection of lunch and dinner dishes. The business opportunity offers a long term lease with modest rent payments. The income production both food and liquor sales. The present owners are absentee and are relocating into another business. Therefore, they have priced the business for an immediate are prepared to supply financing to a qualified purchaser. The price is set very competitively due to other business locations.

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:

The business is located on a busy road with convenient access to the facility. The facility is 1,250 square feet with comfortable seating and a separate lounge area. An existing 5 year lease with two additional 5 year options is available for transfer. Monthly rent is $3,200. The business includes the use of a consumption liquor license only at this location.

Market Competition and Expansion:

No similar competitors exist in this particular area. With continued good service and on-site management the business will continue to develop.

Reason for Selling:

Relocating into an alternative business

Additional Details:

  • The property is leased.
  • 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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