Owner Financing is Available!
Business Overview:
Well known Sports Lounge Club located near all major highways and busy county roads in Monmouth County, NJ. The Business is open two days weekly Friday & Saturday, features live entertainment and enjoys a consistent following due to its good food & drink, sports TV, video games. The facility is well known and often hosts local musicians from the general county area. The business essentially serves alcoholic drinks and Pub food with weekend lunch and happy hour specials. The business also offers private parties for its various customers. The sale includes a valuable liquor license, POS system, sound system, lighting, and a large assortment of equipment required for this industry. The business has a full staff that is unaware of the pending sale and expected to remain post closing. The business has an indoor capacity of 125 patrons consisting of 1,900 square feet. The facility has private parking for 50 vehicles as part of the lease agreement. The business is operational Friday- Saturday hours from 3:00 pm to 2:00 am. This purchase opportunity includes a consumption liquor license with a substantial value and live entertainment approval. The sale includes a ten year lease agreement with a monthly rent of $4,200. The facility includes a full kitchen, spacious bathrooms and private parking for 50 vehicles. This opportunity also includes a liquor license with an estimated value of $85,000. The seller is prepared to train and finance the sale to a qualified purchaser and landlord will supply an option to purchase the real estate. This is a must see location
in a great area with owner financing!
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.
Market Competition and Expansion:
This business does not have any nearby competitors and the seller will supply a non compete agreement to the purchaser.
Reason for Selling:
Alternative business obligations
Additional Details:
- The property is owned.
- The owner is not willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.