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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   >>   Food and Beverage Businesses For Sale Categories   >>   

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Restaurant & Liquor License

Location  New Jersey,United States
Asking Price Range  $500K - $1.0M
Gross Revenues  $1200000
Net Profit / Cash Flow  $200000
Cash Flow Type  EBITDA
Seller Finance  Yes
Year Established  2008
Number of Employees  20 - 34
Inventory  525000 Equipment & 2000 Inventory
Relocatable  No
Number of Employees  20 - 34
Real Estate  Leased
Training  The seller will remain after closing and supply a long term transitional period.
Reason for Sale  Absentee & involved in an alternative industry.
Description  Best location in New Jersey for this well known restaurant with outdoor seating located in an active commercial shopping mall. The restaurants cliental are diverse, coming from drive by traffic or from one of the many surrounding neighborhoods. The business has adequate parking and the restaurant is near numerous roads for easy access. The restaurant presently offers high end Mexican food, however it can be altered to a different menu. The liquor license represents a substantial value and the business has a gross income of $1,200,000 with absentee ownership and can be substantially developed with on site ownership. Seller financing is available to a qualified buyer, please call for further details. The business consists of 6,000 square feet in a clean modern appearance in an active commercial mall. The business is in a large commercial shopping mall with substantial private parking. The facility has a capacity for 260 person capacities plus an outdoor patio and bar that seats 60. 12 flat screen TVs, POS system, high tech video surveillance, appliances and all furnishings.
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