Bar Lounge & Liquor Store Combo In Cozy Atmosphere
Location New Jersey,United States
Asking Price Range $500K - $1.0M
Gross Revenues $750000
Net Profit / Cash Flow $125000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2002
Number of Employees 4 - 5
Inventory 750000 Equipment only
Relocatable No
Number of Employees 4 - 5
Real Estate Leased
Training Seller will provide a full due diligence and transitional period. Sale is subject to the successful transfer and approval of the liquor license.
Reason for Sale Retiring out of the industry.
Description A combination Pub & Liquor Store business for sale, located in a large, commercial mall of Monmouth County, New Jersey. The business operates primarily as a Bar but the liquor store portion can be easily expanded to conduct high volume sales. The Lounge serves primarily drinks with light Pub food and has long provided a cozy atmosphere for its repeat customers. The business generates annual sales over $750,000 and continues to grow. The business also has entertainment approval (which is not presently used), music and a dart league. The opportunity includes a liquor license with an estimated value of approximately $750,000 and the asking price is based upon the liquor license value. This is an excellent business and a profitable opportunity!
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