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Go-Go Bar

Essex County, New Jersey

Asking Price: Gross: Cash Flow:
$200,000 $300,000 $110,000

Inventory Value:
$3,000 ( not included in the asking price)

Real Estate:
$350,000 ( not included in the asking price)

Business Summary:
Bus on corner property of very busy street. Owner receives 50% of income from video game + billiards + 75cents trans. fee for ATM. In process of hiring a cook for light fare food- 4 girls for the day time + 4 girls night time. Other expenses- commission + fees-$8,100 + misc-$3,000. 2-2 bedroom apartments may be constructed upstairs. The $200,000 business price is if buy business + real estate. If buy business only pay rent price is $230,000 - all cash. For further information, please contact Howard Goldberg at 908-851-9040 Ext. 209.

 
   
   
Year Business was Established: 1960
   
Number of Employees: 6PT  
   
Facilities / Terms of Lease: Street parking + 8 car lot. Buyer to receive a 5 year lease + 5 years option – or in a busy business with the real estate  
   
Owner willing to train: 2 weeks  
   
Reason for selling: Illness in the family  
 

 

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