Owner Financing is Available!
Business Overview:
Well known Bar & Grill located in Hudson County, New Jersey, just minutes away from Manhattan, NY. The business has a gross income of $864,000 and an excellent net income to the owner operator. The sale includes a long term commercial lease with a modest rent cost. The popular restaurant is tucked away in the heart of the city and they offer a home town feeling set on an urban landscape. The decor is accented with beautiful hardwood floors and original tin ceilings as well as enough windows to allow the afternoon sunlight to stream across the table tops. This bar scene offers a friendly alternative to the typical neighborhood pub. They also have seven televisions, including two plasma TVs making it a great spot for customers to enjoy football, baseball, basketball and any other major sporting events. The floor to ceiling velvet drapes serve as a divider between the bar and dining area; which is a cozy warm room, great for
a romantic dinner or a night out with a group of friends. They offer an excellent beer selection, a creative martini list, and a moderately priced wine list. The sale includes a valuable consumption liquor license, POS system, Web Site, refrigeration & freezers and a full assortment of equipment required for this industry. The facility has a legal capacity for 99 customers consisting of 1,850 sq ft, on one main floor with a full basement. Adequate public parking is nearby to the restaurant business location. The kitchen serves a variety of entrees, and also features specials everyday with hours of operation for the dining room are: Mon-Fri: 5:00 pm-11:00 pm and the Bar are open later, until 2am on weekdays and 3am on weekends. The business also offers catering services and specials menus for large parties.
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:
This clean modern facility consists of 1,850 square feet in an attractive setting on a busy commercial avenue in Hudson County, NJ. The business has been warmly redecorated over the past few years with an attractive image. This Restaurant Lounge is located Hudson County, New Jersey which is an active urban city minutes from Manhattan New York.
Market Competition and Expansion:
Due to the style of menu no other similar Pub Restaurants are in this particular area and the seller will supply a non compete agreement to the new operator. The business can be further developed with continued good service and product and an improved marketing plan to obtain new business.
Reason for Selling:
Retiring after many successful years.
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.
Resources: