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Bartending School

Monmouth County, New Jersey

Asking Price: Gross: Cash Flow:
$175,000 $169,000 $103,000

Furniture and Fixtures Value:
$30,000 (included in the asking price)

Inventory Value:
$500 (included in the asking price)

Business Summary:
Turnkey operation, located in Monmouth County, NJ. Established business earns approx $200,000 per year, low over head, three years of tax returns available. Approx 2,000sq.ft open are, 24 barstools. Finished wood bar, five stations, each with double sink, speed rack, soda guns etc.. 3 large offices, new computers, comes fully furnished, this is truly a must see.Bartending School well established. Owner retiring. Close to 3 colleges for endless supply of new students. Very low rent with brand new lease available. Owner willing to stay on two weeks for training and will hold large portion of purchase price over 5 years. Very nice website already in place. All financials are disclosed. Low wages being paid as some employees work and commission basis only (1099). Located in a professional building in the center of town. Complete turnkey operation everything in good working order all employees. Bartending instructors will stay on. For further information please contact Seth Kain at 908-851-9040 Ext. 287 or on his cell at 201-317-4710.

 
   
   
Year Business was Established: 2002
   
Number of Employees: 3FT/2PT  
   
Facilities / Terms of Lease: 2,200 sq. ft. complete bar with 4 serving stations. For students 12 stools all in perfect condition  
   
Potential Growth/Expansion: Excellent opportunity for expansion limited advertising being done to find new students.  
   
Competition: Endless supply of new student strategically location close to 3 colleges and high school  
   
Owner willing to finance: All cash  
   
Owner willing to train: Two weeks  
   
Reason for selling: Retiring  
 

 

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