|
Sports Pub Restaurant
Location New Jersey,United States
Asking Price Range $500K - $1.0M
Gross Revenues $864000
Net Profit / Cash Flow $135000
Cash Flow Type EBITDA
Seller Finance Yes
Year Established 1975
Number of Employees 6 - 9
Inventory 275000 Equipment & 1500 Inventory
Relocatable No
Number of Employees 6 - 9
Real Estate Leased
Training The seller will supply a full transitional period and remain thirty days post closing.
Reason for Sale The seller is retiring after many years of success into an alternative industry.
Description Well known Bar & Grill located in Hudson County, New Jersey, just minutes away from Manhattan, NY. The business has a gross income of $864,000 and an excellent net income to the owner operator. The sale includes a long term commercial lease with a modest rent cost. The popular restaurant is tucked away in the heart of the city and they offer a home town feeling set on an urban landscape. The d cor is accented with beautiful hardwood floors and original tin ceilings as well as enough windows to allow the afternoon sunlight to stream across the table tops. This bar scene offers a friendly alternative to the typical neighborhood pub. They also have seven televisions, including two plasma TVs making it a great spot for customers to enjoy football, baseball, basketball and any other major sporting events. The floor to ceiling velvet drapes serve as a divider between the bar and dining area; which is a cozy warm room, great for a romantic dinner or a night out with a group of friends. They offer an excellent beer selection, a creative martini list, and a moderately priced wine list. The kitchen serves a variety of entrees, and also features specials everyday with hours of operation for the dining room are: Mon-Fri: 5:00 pm-11:00 pm and the Bar are open later, until 2am on weekdays and 3am on weekends. The sale includes a valuable consumption liquor license, POS system, Web Site, refrigeration & freezers and a full assortment of equipment required for this industry. The facility has a legal capacity for 99 customers consisting of 1,850 sq ft, on one main floor with a full basement. Adequate public parking is nearby to the restaurant business location. The business also offers catering services and specials menus for large parties.
Click Here To Contact Seller
|
|
