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BUSINESSES FOR SALE

If you are looking to buy a business or sell a business, GlobalBX can help you. GlobalBX is a free business for sale listing exchange that provides a confidential forum to facilitate the buying and selling of businesses with thousands of businesses and franchises for sale as well as comprehensive business information for business buyers and business sellers. Buy a business, sell a business, find a franchise for sale or franchise opportunity at GlobalBX. Click Here to access GlobalBX's full site.

Businesses For Sale   >>   Bars and Nightclubs Businesses For Sale Categories   >>   

Adult Club Business For Sale, Bar Business For Sale, Bar Restaurant Business For Sale, Brew Pub Business For Sale, Gentleman Club Business For Sale, Irish Pub Business For Sale, Night Club Business For Sale, Pub Business For Sale, Sports Bar Business For Sale, Strip Club Business For Sale, Tavern Business For Sale

Saloon Restaurant

Location  New Jersey,United States
Asking Price Range  $500K - $1.0M
Gross Revenues  $775000
Net Profit / Cash Flow  $150000
Cash Flow Type  EBITDA
Seller Finance  Yes
Year Established  1960
Number of Employees  10 - 19
Inventory  375000 Equipment & 2500 Inventory
Relocatable  No
Number of Employees  10 - 19
Real Estate  Owned
Training  The owner / seller will supply a full transitional period and remain 30 days post closing.
Reason for Sale  Owner is retiring due to illness after many successful years in the industry.
Description  Successful Restaurant Saloon which includes the business and property on six acres and located in Hunterdon County, NJ. The package is priced to sell well below market value with owner financing. The business has an average gross income of $850,000 yearly and a consistent net income to the owner operator. The facility has been recently remolded with a huge bar, modern kitchen and upgraded bathrooms. The sale includes the property and business, valuable liquor license, commercial kitchen and various equipment required for this particular industry. The facility has a legal capacity for 139 customers consisting of 4,500 sq ft, on one main floor. The facility also has an outdoor pavilion and a huge outdoor area for an additional 300 patrons. The business has substantial private parking for sixty vehicles which is on site. The business is operational even days per week with hours from 12:00 pm to 3:00 am. The business has a New Jersey State consumption liquor license and licenses approved for live entertainment. This Restaurant Saloon business has a full staff of experienced employees who are unaware of the pending sale and expected to remain post closing.The business has a wonderful outdoor pavilion which is used for private events during the appropriate seasons. The Saloon has entertainment approval with weekly live music groups, dancing, Karaoke, billiards, and sports TV s which attract many patrons. This is a solid opportunity priced very aggressively and below market value with owner financing.
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