Bar and Grill
Passaic County, New Jersey
| Asking Price: |
Gross: |
Cash Flow: |
| $599,000 |
$200,000 |
$78,000 |
Furniture and Fixtures Value:
$70,000 (included in the asking price)
Inventory Value:
$10,000 ( not included in the asking price)
Real Estate:
$400,000 (included in the asking price)
Business Summary:
MUST BE CONFIDENTIAL - "Turnkey" bar and grill with property, unique opportunity to own business and property; valuable C liquor license #33 in use generating cash flow; Bar menu plus from full kitchen. Capacity 77 downstairs and 56 upstairs. Includes entertainment license, ATM machine, pool table, full surveillance, and all related equipment. Present operations includes karaoke, games, trivia, DJ, bands, etc. OTHER INCOME: generated from games, ATM approximately $700.00 per month. For further information please contact Ted Cerulli at 908-851-9040 Ext. 269.
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| Year
Business was Established: 1977 |
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| Number of Employees:
1FT/6PT |
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| Facilities / Terms of Lease:
“Turnkey” bar and grill with property; #33 liquor license; full kitchen; pool room and game room approximately 2,000 sq. ft. Private parking lot and street parking; high traffic mixed use area |
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| Potential
Growth/Expansion:
Expansion plans include menu enhancement and delivery operations; present owners have excellent internet presence, however, more can be done to generate revenue streams – See Ted for details. |
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| Competition:
Limited for both food and drink in immediate area |
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| Owner
willing to finance:
None |
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| Owner
willing to train:
Two weeks |
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| Reason for selling:
Other businesses to operate |
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| REQUEST MORE INFO |
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