Profitable bar in town location

Not Disclosed, NJ
Essex County

Main Street

Asking Price: Annual Revenue:
$299,000 $475,000

Food & Beverage: Bars, Clubs, Nightspots

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RE: Profitable bar in town location Broker: Robert Petrin, Jr.
License #: 0572427
Owner Financing is Available!
Seller will hold a note for up to 10 years with 30% deposit.

Quick Facts

Asking Price: $299,000
Annual Revenue: $475,000
Net Profit: Not Disclosed
Cash Flow: $150,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 7
Employees: Not Disclosed
BBN Listing #: 604245063
Broker Reference #: Not Disclosed

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Business Overview:

Bar with close to $10,000 per week in 100% liquor sales. Add food to increase sales. Area seeing residential growth.

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Property Features and Assets:

fully equipped kitchen,all equipment is owned. Great lease with real estate available in a separate deal with the Landlord.

Market Competition and Expansion:

Densly populated area with many different concepts,good location for many cusines.

Reason for Selling:

Other business interests.

Additional Details:

  • The property is leased.
  • 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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