Closed Pub Restaurant & Liquor License
Location New Jersey,United States
Asking Price Range $500K - $1.0M
Gross Revenues $350000
Net Profit / Cash Flow $0
Cash Flow Type EBITDA
Seller Finance Not Disclosed
Year Established 1960
Number of Employees 1 - 3
Inventory 275000 Equipment Only
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Leased
Description Closed Pub Restaurant with property located in Southern New Jersey and in the county of Salam. This long standing business has existed for many years and is presently closed due to absentee out of the area owners. This particular business opportunity is presently closed however it had five employees. The business is located in a free stranding facility which consists of 2,500 square feet has a capacity for approximately ninety customers. The sale includes a fully equipped Pub Restaurant including a commercial kitchen, refrigeration & freezer units, displays, shelving, tables, computers, including all the necessary equipment to maintain the day to day business operation and a list of assets will be supplied to purchaser upon request. The facility has appropriate private parking on site as part of the commercial lease. The business was active six days per week, with hours from 4:00 pm to 2:00 am. The sale includes a certificate of occupancy from the particular municipality and the required state or city licenses to conduct its day to day business. This is a dependable business opportunity and based on the asking price, required down payment and previous yearly net income, this business expect to supply a 29% investment return to the owner operator prior to debt service.
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