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Business For Sale

Pub and Bar with Package Goods License

Passaic County, NJ

Food & Beverage: Bars, Clubs, Nightspots

 
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$250,000
$212,000
Not Disclosed
$86,500
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
1991
0
45554447

Business Overview:

Pub/Bar with a package goods license. This bar is primarily run absentee. It could use an owner operator to get the food going, just burgers/ sandwiches and fries could add an easy 1 to 2 thousand a week to the cash flow. The present owner collects $1,600 a month rent from 2 tenants and the taxes are only $7,200 a year. The property is also approved for another apartment to built in the attic. Liquor License alone is worth $150,000 to $200,000. Real estate available for sale by owner for $400,000.

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.

Reason for Selling:

Retirement.

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.