Owner Financing is Available
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.