Buy a Premiere Pub Lounge With Property Near Jersey Shore business for sale in Monmouth County on BusinessesForSale.com

 
  • Listing ID: 861285
  • (Seller ref: BAR125)

Premiere Pub Lounge With Property Near Jersey Shore For Sale


Location:
Category:
Type:

Asking price:
$995,000 (Furniture / Fixtures included)
Sales revenue:
$804,000
Cash flow:
$150,000
Years established:
1959
Employees:
10

No image available

A premiere Sports Bar & Grill offered with the real estate property and located in an active community of Monmouth County, New Jersey. This fifty year old business is just miles away from the New Jersey shore and a few blocks away from the famous boardwalk. This Bar offers live entertainment and attracts a large number of local residents and repeat customers as well as tourists during the busy summer months. The business offers primarily alcoholic drinks (90%) and minimal Pub food; which can be increased if the seller opens the kitchen full time. The business generates yearly gross sales of $850,000 and provides a substantial net income for the owner. The owner has elected to retire and will train and finance the sale to a qualified purchaser. A valuable consumption liquor license is also included in the sale. This is a great opportunity to purchase a popular Sports Bar w/ property and located in a highly traveled area! Please contact our office for additional information.


Real Estate:
Lease
Lease terms:
The seller has elected to market the business with the liquor license and real estate property as a package sale. The real estate purchase is available through real estate division.
Leasehold rent:
$10,000 per annum
Location:
The facility is very large and spacious , with an indoor seating capacity for 190 customers and private parking available onsite.

Expansion potential:
With updated marketing and further promotion this business can be developed further.
Competition / Market:
No similar competitors exist in this particular area.
Support & training:
Seller will provide a complete due diligence review and training period. Sale is subject to the successful transfer and approval of the liquor license.
Reasons for selling:
Retirement
Trading hours:
Monday thru Thursday Friday thru Sunday
3:00 pm to 2:00 am
Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:
Financing is availabe for a qualified purchaser
Furniture / Fixtures value:
$225,000 (included in the asking price)
Inventory / Stock value:
$3,500

For more information about this business for sale, click the Contact Seller button.


Please only contact this seller if you have a GENUINE interest in buying this business. DO NOT MAKE CONTACT if you wish to sell your third party goods or services as you will be blocked from this site.

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