Bar & Grill With Entertainment & Real Estate Option
Location New Jersey,United States
Asking Price Range $250K - $500K
Gross Revenues $430000
Net Profit / Cash Flow $85000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1960
Number of Employees 6 - 9
Inventory $175,000 equipment only.
Relocatable No
Number of Employees 6 - 9
Real Estate Owned
Training Seller will provide a complete due diligence review period. Sale is subject to the successful transfer and approval of the liquor license.
Reason for Sale Retirement.
Description A popular Bar & Grill for sale with entertainment approval and a real estate option is located in a great town of Sussex County, New Jersey. This is a long standing, successful Lounge and restaurant. The facility is very attractive and quaint, with a running stream at the entrance and a second floor which includes a bar area and a great view. The business provides good food and drinks with various types of entertainment including comedy nights, dance nights and live bands. The facility has ample private parking for its customers. The owner is retiring after many successful years and is prepared to train a new owner. He will also finance the sale to a qualified buyer with an appropriate down payment. This is a wonderful opportunity which must be seen immediately!
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