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Busy Local Pub
NETCONG, NJ
MORRIS County
Neighborhood Pub
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| Asking Price: | Annual Revenue: |
| $599,000 | Not Disclosed |
Food & Beverage: Bars, Clubs, Nightspots
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RE: Busy Local Pub
Contact: Robert E Petrin Jr
License #: 0572427
Quick Facts
| Asking Price: | $599,000 | |
| Annual Revenue: | Not Disclosed | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | $650,000 | |
| Year Established: | 10 | |
| Employees: | 4 | |
| BBN Listing #: | 267045063 | |
| Broker Reference #: | Not Disclosed |
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Business Overview:
Popular local bar, 80% Liquor sales - 20% food, kitchen closes at 5: 00 pm, extend hours for increased revenues. Known for good food by the local loyal customers. Backroom can be used for additional dining or a game room.
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Property Features and Assets:
Two apartments add $ 24,000 in rental income. New electric & furnace. Ample parking, basement for storage.
Market Competition and Expansion:
Current owner has decades of success and supports local sports teams and dart leagues. Great for family operation or a chef who can add his or her own touch.
Reason for Selling:
Retirement
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
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