Owner Financing is Available
Business for Sale Overview:
A well known Bar Grill located in a pleasant area of Essex County, New Jersey. This is a long established, local business with an excellent reputation and substantial room for growth. The business consists of an ample bar facility with a full Liquor License at an estimated value of $150,000. The business has many repeat customers and provides a solid gross income of approximately $200,000 yearly. The present owner is now retiring and has priced the sale very aggressively with seller financing available and an option to purchase the real estate property. This is a great opportunity which must be seen immediately!
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:
Facility consists of 1,800 square feet with an indoor seating capacity for 98 customers. The seller will provide a 15 year lease with a monthly rent of $2,800 and an option to purchase the real estate property. The real estate purchase is available through our real estate division. A valuable liquor license is included in the sale. Private parking is also available.
Market Competition and Expansion:
No other Pubs are located in this particular area.
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.