Upscale Bar For Sale
Location New Jersey,United States
Asking Price Range $500K - $1.0M
Gross Revenues $1030000
Net Profit / Cash Flow $297900
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2009
Number of Employees 6 - 9
Inventory 50000
Relocatable Not Disclosed
Number of Employees 6 - 9
Real Estate Leased
Training Seller will provide training
Reason for Sale Other business interests
Description A true upscale lounge catering to an equally upscale demographic. Uniquely situated within a Jersey Shore destination that caters to both the tourist trade and the local communities. Additionally, location hosts national brand retail anchors and recognized regional retail businesses. There are hundreds of luxury apartments embedded within the location. Ample parking and plenty of foot traffic make this a great opportunity.
Current and founding owners have established this quaint lounge as the ''go to'' place for renowned wines and the latest in cocktails spirits. Small plate food servings complement the beverage ''scene''. This is a place to meet and greet and be seen. All FEE is five years new. Very well maintained and operated. TURNKEY! Expand upon current business model or create a new one, either way, this location is a winner. CONTACT LEE JANI TODAY!
Click Here To Contact Seller
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