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Restaurant/Bar

Union County, New Jersey

Asking Price: Gross: Cash Flow:
$275,000 $250,000 Undisclosed

Furniture and Fixtures Value:
$135,000 (included in the asking price)

Inventory Value:
$2,000 (included in the asking price)

Business Summary:
This is an ASSET SALE. 4,000 sq. ft. Restaurant/Bar seating 80 + 20 at bar on the main street of a large heavily populated city-Sales approximately $10,000 a week- Rent $4,526 a month total. Liquor License valued at approximately $125,000-Furniture, Fixtures, & Equipment valued at approximately $135,000. Needs active promotion to build up.

 
   
   
Year Business was Established: 3
   
Owner willing to finance: 3-5 years @ prime +2  
   
Owner willing to train: 2 weeks  
   
Reason for selling: Going in family business  
 

 

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