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Business For Sale

Upscale Lounge

Hudson County, NJ

Food & Beverage: Bars, Clubs, Nightspots

Business For Sale
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$500,000
$250,000
Not Disclosed
$22,600
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
$550,000
1996
5
3432979
Owner Financing is Available!
Two year note at Prime plus 2%

Business Overview:

Currently closed.Upscale Latin-themed lounge and restaurant with elegant d cor and outstanding food presentation. New build-out and fully remodeled, exciting, and fashionable lounge, state of the art sound and video system. Spacious lounge and bar area, two martini bars, 12 flat screens, accommodates 100+ patrons. Great for private parties, special events and catering. Second floor available for additional lounge and party activity. Two outside patio areas. Fully equipped kitchen with new equipment. Easily accessible with ample parking. Owner operator moving out of state. Includes liquor license. For further information please contact Larry Svoboda at 908-851-9040 Ext. 267.

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:

5,300 square feet, fully remodeled, ample parking elegant decor. Five year lease plus one five year option.

Market Competition and Expansion:

Competition - Most upscale lounge in the area Expansion - Private parties, special events, catering, outside seating and lounge area

Reason for Selling:

Owner operator moving out of state

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.

Resources: