Bar/Restaurant
Morris County, New Jersey
| Asking Price: |
Gross: |
Cash Flow: |
| $749,000 |
$342,000 |
$159,000 |
Furniture and Fixtures Value:
$20,000 (included in the asking price)
Business Summary:
Very good opportunity for bar owner in excellent community. OWNER ABSENTEE and willing to accept 30% down payment. Long, new lease. All kitchen equipment in place but not being used. Stage area also not being used. 50 parking spaces. Complete turnkey including cameras, alarm. Two large walk-in refrigerators. Capacity 85 people. Located close to Routes 80 & 23. 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: 1928 |
| |
|
| Number of Employees:
6PT |
|
| |
|
| Facilities / Terms of Lease:
3,500 sq. ft., large bar, stage, parking. Lease 10 years (Two 5 year options) |
|
| |
|
| Potential
Growth/Expansion:
Yes |
|
| |
|
| Competition:
Very low competition |
|
| |
|
| Owner
willing to finance:
10 years @ Prime + 2% |
|
| |
|
| Owner
willing to train:
Two weeks |
|
| |
|
| Reason for selling:
Owner retiring after 22 years |
|
|
|
| REQUEST MORE INFO |
 |
|
