Busy Neighborhood Tavern W/ Real Estate-Profitable
Not Disclosed, NJ Gloucester County
Gloucester County
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- RE: Busy Neighborhood Tavern W/ Real Estate-Profitable
- Contact: John Sandone
Quick Facts
| Asking Price: | $410,000 | |
| Annual Revenue: | $520,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $100,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | 125,000 | |
| Real Estate: | $310,000 | |
| Year Established: | 1954 | |
| Employees: | 5 | |
| BBN Listing #: | 604649689 | |
| Broker Reference #: | 1293 |
Business Overview:
Seller motivated. Doing over $10,000 per week in sales!
Spacious 70 seat bar/restaurant; recently renovated. Has deck and a second floor apartment.
Real estate included in the sale.
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Property Features and Assets:
Spacious 70 seat bar/restaurant; recently renovated. Has deck and a second floor apartment. 2 weeks of training will be provided as part of the sale.
Market Competition and Expansion:
This is the only game in town. Can expand hours to increase sales.
Reason for Selling:
Main operator passed away.
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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