Cozy Bar & Grill With Property
Location New Jersey,United States
Asking Price Range $250K - $500K
Gross Revenues $350000
Net Profit / Cash Flow $85000
Cash Flow Type EBITDA
Seller Finance Yes
Year Established 1950
Number of Employees 6 - 9
Inventory $275000 equipment only.
Relocatable No
Number of Employees 6 - 9
Real Estate Owned
Training Bank and seller financing is available for a qualified purchaser.
Reason for Sale Retirement.
Description A 60 year old Tavern Restaurant for sale, offered with the Real Estate property and located in a great community of Camden County, New Jersey. The business was recently renovated for a modern decor and has a loyal clientele base from local areas all around. The facility consists of a tavern restaurant setup with a separate entrance for takeout orders. The facility also has a heated outdoor ''stylish Lounge'' area for additional business. The business generates over $350K in annual sales with 60% generated from liquor. The property includes a two bedroom apartment above which can also be rented for additional income. A valuable Liquor License is included in the sale. The seller has elected to market the business with the real estate property included. This is an excellent opportunity priced well below market value! Facility consists of 2,950 square feet with an indoor seating capacity for 90 customers.The seller has elected to market the business as a package with the real estate property and liquor license included.. The real estate purchase is available through our real estate division. Private parking for 11 vehicles is available and included in the sale.
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