Owner Financing is Available!
Business Overview:
A 60 year old Bar & Restaurant offered with the Real Estate property and located in a great community of Camden County, New Jersey. The business was recently renovated with a modern decor and has a loyal clientele base from local areas all around. The facility consists of a tavern restaurant setup with a separate entrance for takeout orders. The facility also has a heated outdoor "stylish Lounge" area for additional business. The business generates over $400,000 in annual sales with 60% generated from liquor. A valuable Liquor License is included in the sale. The seller has elected to market the business with the real estate property included. The property includes a two bedroom apartment above which can also be rented for additional income. This is an excellent opportunity priced well below market value!
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 2,950 square feet with an indoor seating capacity for 90 customers.The seller has elected to market the business as a package sale with the real estate property and liquor license included. The real estate purchase is available through our real estate division. Private parking for 11 vehicles is available onsite.
Market Competition and Expansion:
No similar established competitors exist in the immediate area. The added marketing and promotion to extended areas, this business will see a further increase in income.
Reason for Selling:
Retirement
Additional Details:
- The property is owned.
- 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.