Business Overview:
Wonderful opportunity to own a long standing Bar Grill with real estate in a prime area of Middlesex County, New Jersey. The business has a gross income of $650,000 yearly with a consistent high net income return to the owner operator. The facility is a free standing building with a huge forty stool bar and additional seating for fifty customers. The business has entertainment approval from the municipally which can further increase the bottom line income. The Facility has a large commercial kitchen and all equipment is in appropriate working condition. The business produces 50% liquor and 50% food representing a very high markup, low cost of goods and a substantial net income to the owner operator. The sale includes a full commercial kitchen, valuable liquor license, refrigeration, POS computer system, numerous displays and counters, etc. The building has a legal capacity for 95 customers consisting of 2,500 square feet. Private parking for Fifty (50) vehicles is at this location and part of the sale. The business is active seven days per week, hours 11:30 am to 2:00 am. The business has a valuable New Jersey State issued consumption liquor license and has an entertainment approval from the municipality. The facility consists of public utilities and financial information is available upon request. The business facility consists of 2,500 square feet with a huge private parking area. The owner is retiring after many years in this industry and will offer secondary financing to a qualified buyer.
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:
The facility consists of 2,500 square feet with a seating capacity for 95 customers. The business has a large bar area with tables and chairs and a separate area for dinning.
Market Competition and Expansion:
Due to the non availability of any new liquor licenses no other similar competitors exists in this particular area. With an improved marketing plan the business can be further developed. The facility also requires basic modeling to obtain an additional customer base.
Reason for Selling:
Retiring
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.