Business for Sale Overview:
A Bar Lounge with Mediterranean Cuisine Business located in the prime, upscale area of New Jersey. The business is only minutes away from the George Washington Bridge with thousands of drive by customers daily. The owner recently fully upgraded the facility for an attractive image and now includes an outdoor patio and a fully equipped commercial kitchen. The offering includes a liquor license valued at $350,000. This is a very unique opportunity due to the key location of the business and visitor attraction. The surrounding communities include many commercial businesses and hundreds of high-rise units with thousands of potential customers.
For more information regarding this listing please contact us by completing the "Contact the Seller" form below. We look forward to hearing from you.
Property Features and Assets:
Facility consists of 1,550 square feet with ample seating and a large outdoor patio. This business boasts an ultra modern design and is located just minutes away from the George Washington Bridge. The seller will provide the new owner with a 10 year lease plus a 5 year option for continuation. The seller will also supply an option on the purchase of the real estate property. The real estate purchase is available through our real estate division. A valuable liquor license is included in the sale.
Market Competition and Expansion:
No similar competitors exist in the immediate area. This is a newer, recently remodeled facility which requires great promotional activity and advertisements to further develop.
Reason for Selling:
Retirement
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.
Contact the Seller:
To contact the seller of this business for sale, please complete and submit the following email form. The seller or broker will be in touch with you typically within 1-3 business days. Fields with an asterisk (*) are required.