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Business For Sale

Bar/Restaurant/Lounge

Union County, NJ

Food & Beverage: Bars, Clubs, Nightspots

Business For Sale
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$1,099,000
Not Disclosed
Not Disclosed
Not Disclosed
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
2009
6
80328567
Owner Financing is Available!
This property is available for owner financed to qualified buyers.

Business Overview:

Reduced form $1,550,000. Business is a fully operational bar/restaurant/lounge with a loyal following. Complete renovated building with $600,000 in improvements. Includes all furniture fixtures and television and audio system. Well located and convenient to highways. Conveniently located close to GS Parkway and Rte 78 and is fully visible from major highway. Promotional system effectively in place which features attractive theme nights and party events. Excellent Sports nights with multiple large flat screen televisions with integrated sound system. Spectacular hardwood foors. Potential for Outdoor events. This is a turnkey operation with a professional Point Of Sales /management system. Camera system throughout with remote access from home computer. NJ Liquor license included .

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:

Signage on building can be viewed by over 20,000 drivers daily! Building is a total of 6,000 Square Feet, located on 1 Acre has undergone a complete renovation in '09. Main floor houses a large granite top semi-circular bar seats 40, lounge/restaurant seating area, coat check. All new state of the art equipment with a classic contemporary style decor. Main floor includes a full service kitchen, professional video/sound (w/ DJ booth) system, bathrooms and handicap access. Lower level Lounge/Private Party Space tastefully furnished in a contemporary style. Separate access or accessible from main level, Lower level has adequately sized bar seats 20, oversized ladies and mens bathrooms. Private office with Video Monitoring systems and alarm systems which monitor the entire building. Premises has parking (Valet on high traffic evenings) for almost 100 cars in addition to adequate street parking.

Market Competition and Expansion:

Location of the business has essentially no competition in the immediate area surrounding the location of the business. This is unique to the area and aside from select bars/restaurants in the area there is minimal competition. This would be a perfect location for a Nightclub or Exclusive Lounge. Possible conversion of 3rd floor for private lounge or additonal seating area.

Reason for Selling:

Builder/Developer owned - not core business

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.

Resources: