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


Request More Information
Contact the Seller

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

Email, Print & Share

Request More Information
Contact the Seller


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!

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Reason for Selling:

Divesting

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.

Relevant Links:

Request More Information
Contact the Seller



BusinessBroker.net is one of the largest business for sale marketplaces in the world that connects tens-of-thousands of business buyers and sellers every month. Sell a Business Online or if you’re a broker or a commercial agent sign up for a Business Broker Membership today!