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Business For Sale

Local Sports Bar Lounge in Populated Area

Bergen County, NJ, USA

Food & Beverage: Bars, Clubs, Nightspots

 
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$295,000
Not Disclosed
Not Disclosed
$65,000
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
1965
4
4123909
Owner Financing is Available
Seller financing is available with approx. $60K down

Business for Sale Overview:

Local Sports Bar Lounge in a busy, populated area of Bergen County, New Jersey. This business provides a comfortable atmosphere and is known for attracting large crowds. The facility is ultra modern with state of the art decor including TV, Computer Systems, etc. The Bar serves primarily drinks with light Pub food and the facility has a large commercial kitchen. The facility has been fully upgraded within the past year. The facility includes a full kitchen, modern bathrooms and a private office for the owner. This opportunity also includes a Liquor License with an estimated value of $150,000. The sellers will finance the sale with a modest down payment to a qualified buyer.

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 100 customers. An existing lease expiring in 2013 with two additional five year options is available for transfer. The monthly rent is $3,050.

Market Competition and Expansion:

No other competitors exist in the immediate area. With on-site management and a new marketing plan this business can be further improved.

Reason for Selling:

Absentee Ownership and Partner Separation

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.
 

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