Tavern/Restaurant
Essex County, New Jersey
| Asking Price: |
Gross: |
Cash Flow: |
| $350,000 |
$700,000 |
$100,000 |
Furniture and Fixtures Value:
$15,000 (included in the asking price)
Inventory Value:
$4,000 ( not included in the asking price)
Real Estate:
$650,000 ( not included in the asking price)
Business Summary:
Large 2,000 sq. ft. tavern/rest on heavily traveled street. Seats 70+30 in bar area. Liquor License valued at $100,000-125,000. Sales 80% beverage, 20% food. Real Estate also available-consists of 2-3 bedroom Apts and Tavern/Rest. Net Profit from building-$65,000 +/- . Landlord will give new buyer a 5 yr lease + 5 yr option. For further information please contact Howard Goldberg at 908-851-9040 Ext. 209.
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| Year
Business was Established: 1982 |
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| Number of Employees:
1FT/2PT |
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| Facilities / Terms of Lease:
Large 2,000 sq. ft. tavern/rest on heavily traveled street. Seats 70+30 in bar area. Liquor License valued at $100,000-125,000. Sales 80% beverage, 20% food. Real Estate also available-consists of 2-3 bedroom Apts and Tavern/Rest. Net Profit from building-$65,000 +/- . Landlord will give new buyer a 5 yr lease + 5 yr option. |
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| Owner
willing to finance:
5-7 years at prime rate |
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| Owner
willing to train:
Two weeks |
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| Reason for selling:
Owned by a dentist – doesn’t have the time to work it any longer |
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| REQUEST MORE INFO |
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