Owner Financing is Available!
Business Overview:
A long standing Pub Lounge, just minutes from the New Jersey Giants Stadium and located on a main county road of Bergen County. This popular venue is well known in the Bar/ Night Club industry as a premiere nightlife spot with 35 years of continued usage as a Pub at this location. The Pub frequently caters to college crowds and local residents. The business offers a full bar menu with no cover charge, nightly specials, private parties and a DJ. The facility is modern and very ample with an attractive d cor and a full basement for storage. The facility also includes a limited kitchen operation and the seller only offers various finger foods. The business produces yearly gross sales of approximately $500,000 with a consistent profit for the owner. The present owner is absentee and owns several others business locations; therefore, he cannot continue to manage this business. An exciting Pub Lounge opportunity!
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:
Located in an active commercial area of Bergen County, New Jersey with many other businesses and near the New Jersey Giants Stadium. The facility consists of 2,700 square feet, with a modern and attractive appearance, a huge bar, a DJ section, a dance area and a full basement with ample storage space. The building has a capacity for approximately 245 customers on one main floor. An existing lease expiring on 2014 and with additional options is available for transfer. Current monthly base rent is $4,000 plus real estate cam charges.
Market Competition and Expansion:
No similar competitors exist near this business.With improved marketing and promotion this business can continue to develop.
Reason for Selling:
Absentee Owner with several businesses
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.