Sports Bar/Pub in the heart of New Brunswick
Middlesex County, New Jersey
| Asking Price: |
Gross: |
Cash Flow: |
| $849,000 |
$892,077 |
$240,550 |
Furniture and Fixtures Value:
$200,000 (included in the asking price)
Inventory Value:
$11,000 ( not included in the asking price)
Business Summary:
Location in the midst of states largest up turn city. Restaurant will continue to grow in volume for next several years- making great profits now after 9months- when opened for full year Nov 2011. Profit levels will be over 270 thousand per year and will grow in second year to volume of $1,750,000 and have profit over 400,000 per year. Business is in heart of states newly revitalized city. Situated in a location within city that is close to all that matters to draw patrons. Interior is modern-15 flat screen TV’s. Has 2 floors 1,800sq.ft on each floor. Top floor sits 57-19 at bar. Downstairs seats 60. Interior is modern and take advantage of its sport’s bar motif with best of TV’s and audio systems. Has elevator for food between floors. Owner working social media that constantly brings in new customers. Liquor over 60%, cash 30% average dinner check $28.00 with over 900 dinners weekly feature 12 draft beers, happy hour brings in constant flow of new patrons. Main seller on menu is apple bacon burger. Price $12.00 food cost $3.83. Located in section of large university city that brings in patrons from near by facilities, parking garages with one block. This place will increase in business at time goes on. A 2,000,000 volume should be realized within 3 years. For further information, please contact Vito Mastromonaco at 908-851-9040 Ext 285
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| Year
Business was Established: 2010 |
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| Facilities / Terms of Lease:
2 floors 1800sq.ft on each floor, municipal parking garages within 1 block everything in place near new condition lease is great. |
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| Potential
Growth/Expansion:
This restaurant because of its location in the country seat has enough commercial and neighborhood traffic to fill both levels every night of the week |
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| Competition:
In the center of the city where this restaurant is located there are not enough food eating establishments |
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| Owner
willing to finance:
Owner would accept $224,000 in financing with terms negotiable |
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| Owner
willing to train:
2 weeks |
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| Reason for selling:
Owner relocating |
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| REQUEST MORE INFO |
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