Corner Property Bar With Separate Dining Area
Location New Jersey,United States
Asking Price Range $250K - $500K
Gross Revenues $490000
Net Profit / Cash Flow $100000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1955
Number of Employees 4 - 5
Inventory $175,000 equipment only.
Relocatable No
Number of Employees 4 - 5
Real Estate Owned
Training Seller will provide a complete due diligence review period. Sale is subject to the successful transfer and approval of the liquor license.
Reason for Sale Relocating out of the immediate area.
Description A popular Bar / Tavern & Restaurant for sale located in a high traffic, corner road and busy intersection of Warren County, New Jersey. The facility is freestanding and was recently renovated to include a modern, high capacity kitchen and lounge area. The business is a combination Bar Restaurant with a Bar on one side and a separate area for restaurant dining. The business offers a full menu with a vast array of food and drinks and recently introduced nightly musical entertainment. This business is well known and frequented by locals in the surrounding communities and produces annual sales over $475,000 annually. Although the present asking price is only for the business and liquor license assets, the owner would like to retire out of the industry and is prepared to sell the entire package including the real estate property. This is a great opportunity to own a well established food and liquor business.
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