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Businesses For Sale   >>   Bars and Nightclubs Businesses For Sale

Pub At NJ State Building

Location  New Jersey,United States
Asking Price Range  $250K - $500K
Gross Revenues  $750000
Net Profit / Cash Flow  $0
Cash Flow Type  EBITDA
Seller Finance  Yes
Year Established  1965
Number of Employees  1 - 3
Relocatable  No
Number of Employees  1 - 3
Real Estate  Leased
Training  The owner will assist in any way possible.
Reason for Sale  Partnership separation of absentee owners.

Super opportunity, very aggressive price, for this remolded pub restaurant at a highly popular area, at the Trenton, New Jersey Capital building. The sale includes the property and closed fully equipped Pub. The purchaser has the option to maintain a restaurant or change to a pub and the liquor license is offered separately at a moderate and fair price. Due to the value of the assets, this is a safe and dependable business opportunity and based on the asking price, required down payment and projected yearly net income, this business expect to supply a substantial investment return to owner prior to debt service. This Restaurant, Bar, at the State Capital of New Jersey is where the NJ Senate, House and Government conducts business. Also the Patriots Theater and numerous NJ State office buildings in close locality and thousands of potential patrons. Two story restaurant has fully equipped kitchen. Bar seating for 12 patrons and restaurant seating for 38. The facility has been fully upgraded with newer water and sewer lines, electrical service, 2 zoned heating system, central air conditioning and security systems. The business site consists of 1,197 square feet and the facility which consists of 1,674 square feet has a capacity for approximately sixty customers. The sale includes a fully equipped restaurant pub and all the necessary equipment to maintain the day to day business operation. The facility has appropriate municipal parking nearby to the site. The business is presently closed. The sale includes a certificate of occupancy from the particular municipality and the required license approval from the city. The building is solid and posh, with wooden floors, restrooms set up ADA, new kitchen and current seating capacity is approximately sixty.

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