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Tavern/Restaurant

Union County , New Jersey

Asking Price: Gross: Cash Flow:
$650,000 $425,000 $178,923

Real Estate:
$450,000 (included in the asking price)

Business Summary:
Tavern Seats 24 at bar and 20 table seating. Parking for 22 cars. Liquor license value be 90-100k. OTHER BUS. INCOME :vending machine $12,000& atm 325. Tot$12,000. Real Estate consists of 4 rooms,41/2 baths. OTHER REAL ESTATE INCOME: Rental income from 4 rooms $21,600, parking lot use $1,800& billboard use $3,000. Total$26,400

 
   
   
Year Business was Established: 1992
   
Number of Employees: 2 PT  
   
Owner willing to finance: 2-3 years at prime  
   
Owner willing to train: 2 weeks  
 

 

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