Owner Financing is Available
Business for Sale Overview:
A combination Bar & Liquor Store business located in a large, commercial mall of Monmouth County, New Jersey. The business operates primarily as a Bar but the liquor store portion can be easily expanded to conduct high volume sales. The Lounge serves primarily drinks with light Pub food and has long provided a cozy atmosphere for its repeat customers. The business generates annual sales over $750,000 and continues to grow. The business also has entertainment approval (which is not presently used), music and a dart league. The opportunity includes a liquor license with an estimated value of approximately $750,000 and the asking price is based upon the liquor license value. This is an excellent business and a profitable opportunity!
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 facility is located in a commercial mall with numerous businesses that create lots of walk in traffic. The facility is very modern, with 2,200 square feet and an indoor seating capacity for 50 customers. The business has a large commercial kitchen and walk in refrigeration. A new long term lease will be supplied to the new owner. A valuable consumption liquor license is included in the sale. The monthly rent is approximately $5,014.
Market Competition and Expansion:
No similar competitors with a combination Liquor Store and Bar exist in the general area.business has a limited marketing plan and caters primarily to bar customers. The present owner can substantially increase the size of the pub business with greater seating and etc, or increase the inventory for the retail liquor store to increase liquor sales.
Reason for Selling:
Retiring out of the industry.
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.