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Business For Sale

Popular Sports Bar & Grill- Foreclosure

Belvidere (Buttzville), NJ

Food & Beverage: Bars, Clubs, Nightspots

 
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$375,000
Not Disclosed
Not Disclosed
$100,000
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
1915
0
89943909
Owner Financing is Available!
Bank financing has been approved for this sale.

Business Overview:

The Foreclosure Sale of an attractive Sports Pub/ Restaurant offered with the real estate property and located on a major highway of Northern New Jersey. The business is located on the Riverfront with a spectacular view of the running water and with large, spacious grounds used for private events. The facility is a two story building on two acres with lots of room for expansion. This is the place where good friends and cold beer meet and is the best place in New Jersey for fun times with American food and a pleasant atmosphere. The business has existed for many years and is known for providing fun times, an extensive menu with outstanding American food and a pleasant atmosphere. The facility has ample seating capacity and a large professional kitchen on the first floor. The second floor was recently renovated and can be expanded for special events and private parties. The facility also includes outdoor seating on an attractive patio and a large parking area for approximately 50 vehicles. The business has provided a solid income for the owner over the past years. This business has huge potential for further growth by including an updated Night Club or entertainment venue. The foreclosure was due to the present owner s illness and the price has been substantially reduced with financing available!

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:

Prime location in North West New Jersey and on a State Highway with lots of drive by traffic and easy access from many outlets. The facility consists of a total of 2,700 square feet on two acres with a seating capacity for 110 customers plus a huge outdoor patio. The facility also has a second floor which can further expand the business for additional activities or catering. Seller wishes to sell the entire package including the real estate property. The real estate purchase is available through our real estate division.

Market Competition and Expansion:

There is minimal competition in this particular area. With improved management and further promotion, the business can develop further.

Reason for Selling:

Retirement/ Illness

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.
  • This is not a distressed business or bankruptcy situation.
 

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