Town Pub & Grill In A Cozy Setting
Location New Jersey,United States
Asking Price Range < $250K
Gross Revenues $200000
Net Profit / Cash Flow $50000
Cash Flow Type EBITDA
Seller Finance Yes
Year Established 1981
Number of Employees 1 - 3
Inventory $175,000 equipment only.
Relocatable No
Number of Employees 1 - 3
Real Estate Owned
Training Seller will provide a complete review period. Sale is subject to the successful transfer and approval of the liquor license.
Reason for Sale Retiring from the industry.
Description A Neighborhood Pub and light Grill for sale, located close to a Rail Station and in a quaint town of Essex County, New Jersey. This twenty eight year old business is very well known in the community and highly frequented by city locals and out of town commuters. The opportunity consists of an attractive bar facility with a private dining room often used for live entertainment. A valuable consumption Liquor License is included in the sale. The seller is prepared to finance a portion of the sale to a qualified purchaser. This is an excellent opportunity priced well below market value. Please call for additional information. Bar facility consists of 1,400 square feet with an indoor seating capacity for 50 people and additional seating for 20 in the bar area. The business also has an ample dining area with a capacity for 100 people. A new lease will be supplied to the new owner with and an option to purchase the real estate property. The real estate purchase is available through real estate division. A valuable liquor license is included in the sale.
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