Bar Lounge and Restaurant with Great Reputation

Hudson County, NJ

Asking Price: Annual Revenue:
$1,100,000 $700,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Bar Lounge and Restaurant with Great Reputation Broker: Marie Goldstein
Owner Financing is Available!
50% down, 50% finance for 3 years at prime plus 2%

Quick Facts

Asking Price: $1,100,000
Annual Revenue: $700,000
Net Profit: Not Disclosed
Cash Flow: $299,332
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2005
Employees: Not Disclosed
BBN Listing #: 8304449
Broker Reference #: 14544 Goldstein

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Business Overview:

Beautiful bar/lounge/restaurant located in Hudson County. Just 4 years old and totally renovated to look immaculate. Also, has a banquet business in the back room in addition to their daily business. Great reputation with locals. Business has database of past and present customers from the past 4 years. Open 6 days a week.

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Reason for Selling:

owner is retiring

Additional Details:

  • The property is owned.
  • The owner is not willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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