Modern Bar

Not Disclosed, NJ
Essex County


Asking Price: Annual Revenue:
$150,000 $350,000

Food & Beverage: Bars, Clubs, Nightspots


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RE: Modern Bar Broker: Ron Cervelli

Quick Facts

Asking Price: $150,000
Annual Revenue: $350,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $170,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 94013909
Broker Reference #: BAR780

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Business Overview:

Excellent opportunity to own a popular Pub Restaurant in Essex County, NJ. The business has been priced very aggressively based on the value of the liquor license and equipment. This quaint popular Sports Bar with real estate option is in Northern NJ. This Pub has existed for many years as a successful Bar Lounge and Restaurant with live entertainment approval. This free-standing structure is modern with an attractive image which has been fully upgraded during the past few years. The business is located on a convenient road close to various highways minutes from the Garden State Highway. The business has a large bar with a seating capacity for 25 customers and additional private seating for fifty. The sale includes a modern commercial kitchen and a full basement with lots of storage. The sales consist of a valuable liquor license free and clear of any debts. The business can be sold separately with an option to purchase the real estate. Based on the asking price, required down payment and net income this business should supply consistent return on investment to the owner operator prior to debt service. This is a dependable safe business opportunity and based on the asking price, required down payment and yearly net income, this business expects to supply a consistent return on investment to the owner operator.

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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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