Location: Union County, New Jersey
Industry: Recreation
Listing ID: RETL467
Looking for a lucrative business opportunity, Look no further than this profitable Billiard parlor with substantial gross sales and a net yearly income of $503,940. They are a BYOB establishment; the company supplies ice and cups. The company is located in a prime location on a state highway with thousands of drives by traffic and plenty of foot traffic. This wonderful modern and fully equipment billiard hall business opportunity has been thriving for years. The parlor is fully equipped with top-of-the-line Billiard tables, cues, and other equipment to ensure customers have the best possible experience. With a loyal customer base and a steady stream of new customers, this business generates consistent revenue year-round. The business is also known for its excellent customer service, which has helped to establish a powerful reputation in the local community. As the owner of this business, you will be able to enjoy a flexible schedule and a steady stream of income. Plus, with the opportunity to expand and grow the business, there is plenty of potential for even greater profits in the future. Do not miss this incredible opportunity to own a profitable Billiard parlor. The company is committed in providing a safe, healthy, and clean environment for their customers, this is a family operation with the highest level of quality. This is a dependable safe business opportunity and based on the asking price, and yearly net income, this business expects to supply a consistent return on investment to the owner operator.
Listing Details
Revenue: $748,643
Cash Flow: $503,940
FFE: $175,000
Inventory: $1,500 (Included in Price)
Reason For Sale:
The purpose of this business transaction is due to the owner retirement after many years of success in this particular billiard recreation industry.
Training & Support:
Training and owner support, the owner is prepared to remain post-closing and will supply an appropriate transitional period to purchaser.
Operation
Year Established: 2010
Days & Hours of Operation: Days Hours of operation; this business is active seven days per week, with hours from 10:00 am to 2:00am.
Owner Hours Per Week: Full Time
Employees: Regarding employees and payroll; this retail company consist of twelve full and part time employees who are unaware of the pending sale. The payroll is primarily based on an hourly basis, and the staff is fully expected to remain post-closing, the monthly payroll expense is approximately $13,000.
Location
Security on Lease: Two Months
Lease Option: Yes, Available
Monthly Rent: 12,000
Type of Location: State Highway
Square Footage: 4640
Facilities Information:
This business opportunity is in northern New Jersey, Union County on a highly active NJ state highway. This business facility consists of approximately 4,640 square feet with a modern and attractive appearance. The business is in a free-standing retail facility conveniently location for its various customers. The facility has a capacity for one hundred ninety-seven patrons with substantial private parking.