Bar/Restaurant (Property by Owner) in NJ-31948

Not Disclosed, NJ
Mercer County

Asking Price: Annual Revenue:
$550,000 $1,535,312

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Bar/Restaurant (Property by Owner) in NJ-31948 Broker: Melvin L. Vaz
Owner Financing is Available!
$650,000.00 Down & The listing will qualify for SBA financing with at least 30% down. BUSINESS. LIQ. LIC. AND PROPERTY MUST BE PURCHASED TOGETHER.

Quick Facts

Asking Price: $550,000
Annual Revenue: $1,535,312
Net Profit: Not Disclosed
Cash Flow: $241,172
Total Debt: Not Disclosed
FF&E: $150,000
Real Estate: Not Disclosed
Year Established: 1981
Employees: 20
BBN Listing #: 97924447
Broker Reference #: 31948

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Business Overview:

Stand Alone Bar/Rest/Liquor License & Property. The business, liquor license and property must be purchased together. This is a prime corner location in the middle of a very busy area. They have fantastic reviews and offer traditional American fare. In the past year the business grossed approx. $1,535,312.60 (65% bar/35% food) with a net cash flow of approx. $241,172.00 for an owner/operator. The business is fully staffed with 20 employees. The purchase price breaks down as follows, the business for $550,000, the liquor license for $350K and the stand alone property (with private parking lot) for $1.3 mil. The owners keeps excellent financial records. As such, the business will qualify for SBA financing with approximately 30% down ($660,000). We are seeking a serious and financially qualified buyer with at least $660,000 in liquid funds. Proof of funds will be requested. To learn more, please call or email Mel Vaz today. All site visits must be discreet. Please do not speak with anyone when visiting the location. All meetings must be scheduled by appointment only!

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Reason for Selling:


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.

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