Pub Restaurant With Entertainment
Pub Restaurant With Entertainment
Location: United States -> New Jersey -> Hudson County
Industry: Bars and Nightclubs > Bars and Pubs
Businesses for sale Summary
A cozy Pub Restaurant business for sale with a real estate option is located on a busy avenue of Hudson County, New Jersey. This is a most successful and long standing Restauarnt Lounge with live entertainment approval. The facility has a specific Lounge area along with an formal dining room and a professional kitchen. The business generates high volume sale with an outstanding yearly net income of $100,000. The present owner will supply a long term lease or an option to purchase the real estate property, which available through our real estate division. A valuable liquor license is included in the sale. This is excellent business with great potential for further growth! The facility consists of an ample dining room with a bar area and an indoor seating capacity for 125 people. The owner will supply the purchaser with a new fifteen year lease or an option on the real estate property. The real estate purchase is available through our real estate division. A valuable liquor license is included in the sale. Private parking is also available and included in the sale.
Financials
Asking Price Range: $250K – $500K
Gross Revenues: $425,000
Cash Flow: $100,000
Cash Flow Type: EBITDA
Inventory: $175,000 equipment only.
Seller Financing: Yes
About The Business
Year Established: 1985
Number of Employees: 6 – 9
Relocatable: No
Franchise: No
Current Real Estate: Owned
Property: Property For Lease
About The Sale
Management Training and Support: Seller will provide a full due diligence and transitional period. Subject to the successful transfer and approval of the liquor license.
Reason For Selling: Retirement after many years.
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Click on the “I’m Interested” button above for more information on this Bars and Nightclubs > Bars and Pubs business for sale. Print Listing Id: 70096067
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Related Searches: Bars and Pubs > Nightclubs > Other Bars and Nightclubs >
Also See: Franchise Opportunities > Franchise Resales > New Jersey Business Brokers > New Jersey Commercial Property For Sale > New Jersey Commercial Property For Lease
