Give-A-Way Sports Bar
Bergen County, New Jersey
| Asking Price: |
Gross: |
Cash Flow: |
| $459,000 |
$360,000 |
$201,632 |
Furniture and Fixtures Value:
$85,000 (included in the asking price)
Inventory Value:
$7,500 ( not included in the asking price)
Real Estate:
$350,000 (included in the asking price)
Business Summary:
Place valued together and make money in purchasing a business. Building and land (value $350,000) Liquor license $100,000 plus establishment making over $200,000 per year. Total parking for up to 50 cars and $1,000 month for parking. Absentee owner wants out and prefers to move on. Interior seating capacity for 43 plus patio seating for 20. Does $360,000 gross volume with cash flow of over $200,000- Quotations to be incorrect (NO THEY ARE REAL). Seller wants out. This business is worth looking at because purchase price is much lower than it should be. This bar/grill absentee run also has potential to expand. Light menu form full kitchen, bar run with very little overhead-food-liquor-staff and carrying charges less than $160,000. No matter whatever new owner prefers to carry on same trade without any changed new owner would maker great profit at these reported levels. Business I constant and steady, no changes have to be made, bar/grill can be turned into great sports bar with higher price food only apparent only drawback is the hours. For further information, please contact 908-851-9040 and ask to speak with Vito Mastromonaco at Ext 285
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| Year
Business was Established: 1980 |
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| Number of Employees:
6 |
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| Facilities / Terms of Lease:
1800sq.ft facility, some improvement of interior could be helpful- Building, bar license, patio and more than ample parking all available for less than true value of package |
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| Potential
Growth/Expansion:
Possibility of expanding into another facility to increase internal size |
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| Competition:
Enough business for all bar owners this is a great value with land and easy to improve and easy to run |
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| Owner
willing to finance:
Owner at this price, wants all cash |
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| Owner
willing to train:
Two weeks |
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| Reason for selling:
Owner wants out, in other ventures |
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| REQUEST MORE INFO |
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