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Tavern

Essex County, New Jersey

Asking Price: Gross: Cash Flow:
$425,000 $440,000 $90,000

Furniture and Fixtures Value:
$75,000 (included in the asking price)

Inventory Value:
$35,000 ( not included in the asking price)

Real Estate:
$200,000 (included in the asking price)

Business Summary:
New building completely renovated business, corner property. If buy business with option to buy real estate - Rent $2,000 a month and receive a 10 year lease & 5 yr. option. Full package goods take out area. Other income ATM - $1,680. For further information, please contact Howard Goldberg at 908-851-9040 Ext. 209.

 
   
   
Year Business was Established: 1960
   
Number of Employees: 5PT  
   
Facilities / Terms of Lease: 1,500 sq. ft. + 1,500 sq. ft. basement. New store + new building – 3 years old  
   
Owner willing to finance: 3-5 years @ prime rate  
   
Owner willing to train: 2 weeks  
   
Reason for selling: Has other business to attend too  
 

 

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