Owner Financing is Available!
Business Overview:
Well known sports bar, club and restaurant with the sale of
the property located in Warren County, Northern New Jersey.
The business offers live weekly entertainment, good food /
drinks and excellent service. The business has a gross income of $500,000, 70% of the sales is liquor and a net income of $100,000. The business is actually fifty years young and very well known in the general area it serves. The facility consists of four thousand five hundred square feet on two levels. The second floor consists as a private banquet party room with a large outdoor deck and a capacity for seventy five patrons. The business has a large rectangular bar, separate dining area, a ground level outdoor Ticki bar and a dance floor with a capacity for 225 customers. The building is on two acres with a very adequate private parking area for seventy vehicles. The business hours are most unusual with a last call for final drinks at 3:00 am which actually attract a large volume of late drinkers and patrons. After many years in the industry the owner has elected to retire from the industry for an alternative opportunity and will
train post closing and offer owner financing. Consumption
liquor license, commercial kitchen, numerous bars and all
required equipment to maintain this restaurant bar business.
The building has a legal capacity for 225 customers, two floors and outdoor area. Substantial private parking is on the site and part of the sale. Seven day operation hours from 11:30 am to 3:00 am. The business has a New Jersey State issued consumption liquor license. The seller will supply a five year, ten mile non compete to the new owner. The business has a full staff consisting of ten full and part time employees that will remain post closing. This is an excellent opportunity and should be viewed to fully appreciate.
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 Warren County New Jersey on an active state highway with limited competition and continued demand for this retail business. The facility consists of 4,500 square feet on two floors with a full basement. The business is fully equipped and all equipment is in good working condition.
Market Competition and Expansion:
No other similar retails restaurants with entertainment approval are in this area. With an improved marketing plan to further develop the food service this business can be substantially improved and developed.
Reason for Selling:
Retiring out of this particular industry
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.