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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

Bar Restaurant With Real Estate

Location  New Jersey,United States
Asking Price Range  $500K - $1.0M
Gross Revenues  $285000
Net Profit / Cash Flow  $138900
Cash Flow Type  EBITDA
Seller Finance  Yes
Year Established  1950
Number of Employees  1 - 3
Inventory  $470,000 equipment & $1,500 inventory.
Relocatable  No
Number of Employees  1 - 3
Real Estate  Owned
Training  The seller will supply a full transitional period and remain thirty days post closing.
Reason for Sale  The seller is retiring after many years in this industry.
Description  Well known Bar Restaurant located in an urban area of Passaic County, New Jersey. The sale of the business includes the real estate which consists of four rental incomes. The total rental income for the four rentals is $78,900 yearly with a consistent net income. The sale includes the business with a consumption liquor license, commercial kitchen which is fully equipped with all the required equipment. The Tavern consists of 2,000 square feet with a large bar with a seating capacity for one hundred (100) patrons and has additional outdoor seating. The site is located on a highly travelled county road with lots of drive by traffic. This business has a consistent income and services various communities throughout the area. The business is operational seven days per week with hours from 11:00 am to 3:00 pm. The site had adequate private parking for ten vehicles which is part of the sale and plenty of street parking. The Bar Restaurant is clean and ultra modern and has an attractive image. The business has a full staff of experienced employees, unaware of the pending sale and expected to remain post closing. The seller is retiring after many successful years in this industry. This opportunity represents a turnkey purchase with a solid net income to the owner operator. The Tavern consists of 2,000 square feet in a modern setting with a large bar and lots of comfortable seating. The property in addition to the Tavern has three additional rentals in excellent condition. The total rental income for the four rentals is $78,900 yearly. This business is located in a highly populated urban area of Passaic County, New Jersey on a busy county road and nearby to various state highways.
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