Well Known Bar Restaurant With Live Entertainment
Location New Jersey,United States
Asking Price Range $250K - $500K
Gross Revenues $695000
Net Profit / Cash Flow $150000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1980
Number of Employees 10 - 19
Inventory $225,000 equipment only.
Relocatable No
Number of Employees 10 - 19
Real Estate Leased
Training Seller will provide a complete review period. Sale is subject to the successful transfer and approval of the liquor license.
Reason for Sale Relocating and partner separation.
Description A well known Bar Restaurant for sale, located in a prime, high traffic area of Somerset County, New Jersey. The particular community is very active and attracts lots of daily shoppers and workers to the area. The business has existed for 28 years and has developed a great reputation for excellent food service. The location is very popular with the nearby communities and therefore maintains a consistent customer base. The business produces 50% in food sales & 50% in liquor sales and opens seven days a week. The facility is very attractive and includes 2 bars and a large stage kitchen. The facility also has ample seating and entertainment approval for live music. This is an excellent opportunity to own a casual Pub Restaurant priced at fair market value. Please contact for further details.
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