MODERN BAR 159,900

Belleville, NJ
Essex County

Highly active commercial avenue.


Asking Price: Annual Revenue:
$159,900 $425,000

Food & Beverage: Bars, Clubs, Nightspots


Request More Information
Contact the Seller

RE: MODERN BAR 159,900 Broker: VICTORIA GARCIA
Owner Financing is Available!
Seller financing may be available to a qualified buyer with an appropriate down payment, collateral, and credit rating.

Quick Facts

Asking Price: $159,900
Annual Revenue: $425,000
Net Profit: $85,000
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $140,000
Real Estate: Not Disclosed
Year Established: 1984
Employees: 3
BBN Listing #: 39183909
Broker Reference #: Bar843

Email or Print Listing

Request More Information
Contact the Seller


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.

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:

Located in Essex County and in an active urban community with continued demand for this food, drink, and service. This Pub has been in business for the past fifty years with a wonderful history of success. The facility which is free standing and has been fully upgraded over the past few years and consists of 1,800 square feet with a seating capacity for 65 customers. The business has separate areas, including a full bar, a large professional kitchen, and a full basement.

Market Competition and Expansion:

Regarding competition, to the best of our knowledge, due to limited consumption liquor licenses, no other new competitors are expected near to this business. Additionally, the owner has agreed to supply an appropriate non-compete agreement to the purchaser.

Reason for Selling:

Retiring

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:

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!