Business For Sale

Local Bar with Investment Potential

Morris County, NJ
Morris County


Asking Price: Annual Revenue:
$799,000 $243,000

Food & Beverage: Bars, Clubs, Nightspots


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RE: Local Bar with Investment Potential Broker: Robert Petrin, Jr.

Quick Facts

Asking Price: $799,000
Annual Revenue: $243,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 118845063
Broker Reference #: Not Disclosed

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Business Overview:

This local bar has been in the family for decades and is ready for a new owner with vision.

With 90% liquor sales currently, just by adding food, this investment has a lot of growth potential.

There are 2 rental apartments with separate access to generate an income stream and the house next door may be available (currently separate package deal).

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.

Property Features and Assets:

1,800 sq. ft. 1st floor tavern space and 1,200 sf 2nd floor rental apartments with separate access. On .5 acre lot with 22 parking spaces on busy main road.

Market Competition and Expansion:

There is not much competition in the area. Currently offering 90% liquor sales with package goods and only 10% food - just by adding a larger menu there is a large potential for growth.

Reason for Selling:

Retirement.

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.

Relevant Links:

Disclaimer:

The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.


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