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Pub Restaurant

Bergen County, New Jersey

Asking Price: Gross: Cash Flow:
$349,000 $350,000 $72,000

Furniture and Fixtures Value:
$500 (included in the asking price)

Inventory Value:
$4,000 ( not included in the asking price)

Business Summary:
Street level Upscale Sports Bar/Restaurant with 70 parking spaces in a upscale neighborhood in a large 300 resident building complex. "Liquor Licensed 6000 sq ft rear out side patio" with tables & chairs. On very busy county road, minutes from Giants Stadium Meadowlands Sports Complex, NJ Highways 3, 17, and 21 120, Parkway and Turnpike During Super Bowl week featured on Channel 9: http://www.my9nj.com/story/24529218/best-bars-to-catch-the-super-bowl. Owner is absentee, will stay on for 60 days and be active with new owner. This establishment can be very profitable with an active owner who knows the restaurant business.

 
   
   
Year Business was Established: 2009
   
Number of Employees: 7  
   
Facilities / Terms of Lease: Upscale sports bar/restaurant with 70 parking spots. 3,000 sq ft bar/ restaurant, 6,000sq ft liquor licensed. Rear outside patio with tables and chairs. Lease terms 6+10 left. In heart of NJ Sports Complex.  
   
Potential Growth/Expansion: Experienced person with food and beverage can make this a winner.  
   
Competition: None in immediate area  
   
Owner willing to finance: 6% (Of $100,000.00 over 4 years)  
   
Owner willing to train: Seller will stay on for 60 days.  
   
Reason for selling: Makes Movies  
 

 

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