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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

Popular Bar Lounge

Location  New Jersey,United States
Asking Price Range  $250K - $500K
Gross Revenues  $600000
Net Profit / Cash Flow  $80000
Cash Flow Type  EBITDA
Seller Finance  Yes
Year Established  2010
Number of Employees  4 - 5
Inventory  250000 Equipment & 1500 Inventory
Relocatable  No
Number of Employees  4 - 5
Real Estate  Owned
Training  Seller will supply a full transitional period to the new operator and will remain post closing for sixty days.
Reason for Sale  Present owner is in an alternative industry is absentee.
Description  Popular Bar Grill Restaurant with Live entertainment located in a wonderful area of Monmouth County, New Jersey. The business has been fully upgraded and modernized during the past two years and has an attractive modern appearance. The business is well known as a popular Lounge with good drinks food and excellent service. The facility is 2,000 square feet, The building has a legal capacity for 112 customers and has a clean ultra modern appearance and located on an active county road. The business has a gross income of $600,000 yearly, representing 75% liquor and 25% food with a consistent net income. The business is active seven days per week, hours 4:30 am to 2:00 pm. The sale includes a valuable liquor license ($175,000) all equipment and a long term lease agreement at a moderate rent. This is an excellent opportunity and seller will finance part of the business transaction with a long term lease or sell the real estate as a package sale. The facility which is a free standing structure consists of 2,100 square feet with a capacity for 112 customers. The business has large bar with a seating capacity for twenty, new commercial kitchen and clean modern toilet facilities. Located in an active community of Monmouth County, NJ on a highly traffic county road with numerous commercial businesses. The general area has many national retail businesses which bring a great deal of activity into the general area.
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