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Bar and Grill

Union County, New Jersey

Asking Price: Gross: Cash Flow:
$775,000 $420,000 $186,800

Furniture and Fixtures Value:
$80,000 (included in the asking price)

Inventory Value:
$6,000 ( not included in the asking price)

Real Estate:
$425,000 (included in the asking price)

Business Summary:
Price included C liquor license, real estate and business. Building interior and exterior recently refurbished; ample parking; seats 44 customers; building well maintained in good condition; other business income-vending machines. Real estate rental income not shown in business figures $21K room rental, $3.5K Billboard rental and $1.8K parking lot income.

 
   
   
Year Business was Established: 22
   
Number of Employees: 5  
   
Facilities / Terms of Lease: 1800 sq. ft. interior and exterior recently refurbished ample parking building well maintained in good condition rental income of $26K multiple wide screen TV’s for sports  
   
Potential Growth/Expansion: Add more special events, DJ nights and expand food  
   
Competition: Best maintained bar in local area  
   
Owner willing to train: As required  
   
Reason for selling: Relocating out of state  
 

 

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