Bar Lounge With Mediterranean Cuisine
Location New Jersey,United States
Asking Price Range $250K - $500K
Gross Revenues $550000
Net Profit / Cash Flow $125000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2004
Number of Employees 1 - 3
Inventory $450,000 equipment only.
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training Seller will provide a complete due diligence period. Sale is subject to the successful transfer and approval of the liquor license.
Reason for Sale Retirement.
Description A Bar Lounge for sale with Mediterranean Cuisine Business located in the prime, upscale area of New Jersey. The business is only minutes away from the George Washington Bridge with thousands of drive by customers daily. The owner recently fully upgraded the facility for an attractive image and now includes an outdoor patio and a fully equipped commercial kitchen. The offering includes a liquor license valued at $350,000. This is a very unique opportunity due to the key location of the business and visitor attraction. The surrounding communities include many commercial businesses and hundreds of high-rise units with thousands of potential customers. Please contact our office for further information.
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