Billiards & Entertainment In Major Mall
Location New Jersey,United States
Asking Price Range $500K - $1.0M
Gross Revenues $925000
Net Profit / Cash Flow $140000
Cash Flow Type EBITDA
Seller Finance Yes
Year Established 1994
Number of Employees 10 - 19
Inventory $375000 equipment only.
Relocatable No
Number of Employees 10 - 19
Real Estate Leased
Training Seller will provide a full due diligence and transitional period.
Reason for Sale Retirement after many successful years.
Description Billiards and Entertainment Restaurant Lounge for sale, located near the Giant Statum at a major mall of Hudson County, New Jersey. The business provides local billiards and sports entertainment with a full service restaurant bar. The bar features over 20 varieties of bottled & draft beers with a wide assortment of liquors and the eatery offers an exciting menu which includes appetizers, sandwiches, burgers, salads and drinks. The business also offers party packages for private or corporate functions. The sale includes a valuable liquor license and the facility boasts an outstanding 8,500 + square feet. The business has a solid income with a wonderful long existing reputation. The owner is retiring and will provide financing to a qualified purchaser. Please call us for further details. Facility consists of 9,500 square feet with an indoor seating capacity for 250 customers. The facility is located in a large modern mall with many other commercial businesses, shoppers and daily workers. An existing sixteen year lease with additional options is available for transfer. Ample mall parking is available and included in the lease agreement.
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