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Irish Pub, Sports Bar And Restaurant For Sale
Location: United States -> New Jersey -> Bergen County
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)




Business Summary

$189.000 DOWN - Sports Bar & Restaurant, New Jersey, MEADOWLANDS

3,100 SQ FT Restaurant, Sports Bar, and Lounge for sale with a liquor licensed outdoor patio for outdoor dining. NEW KITCHEN & EXHAUST HOOD ANSUL Private Parking for 60 cars right on two major Bergen County highways.

Ten 50 in HD TVs, 100 inch HD Projection TV, WiFi, New POS system, State of the art jukebox sounds system.

$3650 a month, 18 year lease, w 3% increase per year. Additional party room available.

Facilities: 3,100 SQ FT Bar, Restaurant, and Lounge with 6,000 SQ FT liquor licensed outdoor patio along the river. Brand new full kitchen and lounge.

Competition: Neighbor Town Stats: Rutherford, NJ (dry town, no bars): Average Annual Household Income: $89,402 Average Home Price $451,766 Lyndhurst, NJ: Estimated median household income in 2008: $67,381 Estimated median house or condo value in 2008: $388,353 ~ NUTLEY ~, NJ: Estimated median household income in 2008: $71,741 North Arlington, NJ: Household Income Median $65,545 Average $67,490 Belleville NJ: The median income for a household in the township was $48,576

Growth/Expansion: Business needs an experienced bar and restaurant professional to increase better than expected first years sales.

PRICE: $289,000

Financing: $100,000


Financials

Asking Price Range:  $250K - $500K
Gross Revenues:   $350,000
Cash Flow:   $200,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $200,000
Seller Financing:  Yes

About The Business

Year Established:  2009
Number of Employees:  6 - 9
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  Yes.
Reason For Selling:  Too many locations.

Photos

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Irish Pub, Sports Bar And Restaurant For Sale Photo 1 Irish Pub, Sports Bar And Restaurant For Sale Photo 2




Print Listing Id: 700146998


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Related Searches: Catering Services  >  Food Production and Packaging  >  Grocery and Supermarkets  >  Liquor Stores  >  Restaurants and Fast Food (Non-Franchise)  >  Vending Machines  >  Other Food and Beverage  > 

Also See: Franchise Opportunities > Franchise Resales > New Jersey Businesses For Sale > New Jersey Franchises For Sale > New Jersey Business Brokers



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