Modern Bar BAR820

Price: $150,000

Location: Essex County, New Jersey

Industry: Bar

Listing ID: BAR820

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.

Listing Details

Revenue: $350,000

FFE: $170,000 (Included in Price)

Ron Cervelli

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