Busy Bar And Billiard Hall
Location New Jersey,United States
Asking Price Range $500K - $1.0M
Gross Revenues $336266
Net Profit / Cash Flow $125000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1998
Number of Employees 4 - 5
Inventory 150000
Relocatable No
Number of Employees 4 - 5
Real Estate Leased
Training Owner will train new owner for a period of 2 weeks.
Reason for Sale Owner wishes to retire.
Description This 10 year old Company operates a billiard hall and a full service bar. The first floor of this location contains the bar, billiard tables, and a lounge area with a flat panel TV where customers gather to watch sporting events. The owner opened a safe spot on the second floor (away from the bar area) where minors can meet with their friends, play pool, and socialize. There is also a snack bar upstairs and another flat panel TV. The main source of income for this business comes from the alcohol sold at the full service bar.
This business has a prime location in a densely populated rapidly growing Monmouth County area and the possibility exists, with zoning approval, to upgrade it to include a restaurant. There is no competition for this type of setup for at least a 15 mile radius. The company has many repeat and loyal customers that have been frequenting this fun-filled, relaxing facility for many years. With its solid customer base and excellent reputation, a creative new owner can easily expand this business. Contact for more information on this Bar & Billiard Hall for sale.
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