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Business For Sale

Bar/Cocktail Lounge

Passaic County, NJ

Food & Beverage: Bars, Clubs, Nightspots

Business For Sale
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$299,000
Not Disclosed
Not Disclosed
Not Disclosed
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
1984
3 FT
12222979

Business Overview:

Buy a growing bar/lounge with C liquor license & building for less than $300,000. Presently location is open only Friday & Saturday evenings. Does over $3,000 in business for these two nights. Needs three bar maids to work bar on these nights. Location has 2nd floor apt. Rents out at $1,200 monthly. Taxes $6,000.

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:

Two story building operating bar on 1st floor, apartment dwelling on 2nd floor, parking for 7 cars on property plus street parking.

Market Competition and Expansion:

There are several bar/clubs along this street of the turn pike. All do well in the evening. This place packs them in on Friday and Sat evenings. Opening the doors 7 days a week for lunch and dinner promoting food for the bar has room for kitchen and room for small deli kitchen along side present lounge.

Reason for Selling:

Personal reasons

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.

Resources: