businesses for sale


Essex County NJ Bar & Lounge Business for sale

Location: Not disclosed, New Jersey

Category: Restaurants for sale

Asking price: $290,000.00

Description of the business for sale
With Entertainment Approval! Well known bar & lounge business in a busy area of Essex County, New Jersey. This Pub also has entertainment approval which frequently has live music and entertainment. The business has existed successfully for many years by offering good service. This is a wonderful opportunity to owner a successful business in a solid urban area of Essex County. The facility is actually two area and a full kitchen and large basement. This is an excellent purchase and should be viewed to fully appriciate.

GROWTH: If the new owner begins an advertising program and opens the kitchen this business can continue to expand and improve.

COMPETITION: No other simular Bar Grill businesses is in the particular area.

ADDITIONAL FINANCIAL INFORMATION:
• Financing: Seller will finance the business with a down payment.
• Inventory: $2,500.
• FF&E: $175,000.

REASONS FOR SELLING: Relocating

Support / Training provided by seller
Seller will provide full due diligence and transitional period.

Description of the facilities
Bar facility consists of 1,900 square feet in a busy community in Essex county NJ. The Indoor capacity is aproved for 105 patrons and ample street parking is available. The landlord will supply a new Ten year lease with additional options for continuation. Sale includes a valuable liquor license.

  • By phone: 973-837-0808
  • Ask for: Ron Cervelli

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Business details

Regal Consulting Corp
Wayne, NJ
Broker Co-op? no

Listing Id: 82481
Reference Id: 226
Year established: 1966
Employees: 5

Asking Price: $290,000.00
Revenue: $325,000.00
Annual Net: $90,000.00
Down Payment: Call/Email

Business Type:
Non Relocatable Business

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businesses for sale