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Business For Sale
COZY PUB TAVERN NEAR THE NJ GIANTS STADIUM
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Asking Price: |
$375,000
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 Business Interests |
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Year Established:
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1950 |
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# of Employees:
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6 |
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Yearly Cash Flow:
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$125,000 |
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Yearly Gross Income:
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$425,000 |
Business for Sale Overview:
This Bar & Lounge business is located in Bergen County near the New Jersey Giants Stadium. It is a very modern and attractive Lounge with a wonderful reputation in the particular community. The business sale consists of a well known, established Bar Grill and the opportunity includes a valuable liquor license. The facility is approximately 2,250 square feet with a modern Bar area, lots of table seating and a full kitchen. The facility also has a very large basement area with a walk-in box and a private office. The business has a solid income and nets above $100,000 yearly to the present owner. The seller also owns the real estate property and will supply a long lease with a moderate rent and an option for the real estate purchase. Owner financing is available to a qualified buyer.
Property Features and Assets:
Bar facility consists of 2,250 square feet with an indoor seating capacity for 95 people. The business has been updated with an original Wood bar and lots of seating. The facility has a large kitchen and a full basement. The seller will provide a new fifteen year lease and the option to purchase the real estate property. The real estate option is available through our real estate division.
Market Competition and Expansion:
No other similar competitors exist in this particular area. With continued good service and with an expanded marketing plan the business can be further developed.
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.
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