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Business For Sale
BAR, RESTAURANT AND PACKAGE GOODS
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Asking Price: |
$2,390,000
USD USA Dollars
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Business for Sale Industry: |
Food & Beverage: Bars, Clubs, Nightspots
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Reason for Selling:
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Other Interests |
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Year Established:
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1975 |
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# of Employees:
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8 |
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Yearly Revenues:
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$946,000 |
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Yearly Cash Flow:
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$230,396 |
Business for Sale Overview:
Bar, Restaurant and Package Goods is well known and well managed. Sells 50% Package Goods, Bar and Restaurant 50% of Business. Friday and Saturday features live bands and on Sunday serves brunch 10am to 2pm. Located on a major state highway with great traffic. Business is turnkey. Has license for outside patio.
Property Features and Assets:
Bar, Restaurant and Package Goods is 6,000 Square Feet on 1.9 Acres on a major NJ State Highway. Building is well maintained and owner in process of installing a new roof. Has new septic tank and well. There is plenty of parking on this 1.9 acre piece of real estate.
Market Competition and Expansion:
Bar, Restaurant and Package Goods has plenty of room for expansion. Presently there is seating for 100-150 persons. There is proposed construction for 2500 residential homes within 2 miles of this business.
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 a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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