Wonderful business opportunity to own this attractive, profitable bar/restaurant in Northern New Jersey, Morris County, with owner financing. This operation has been fully remolded with a full kitchen, modern bar, various accessories, and restrooms. The business seats twenty customers at the bar, with additional private seating and a capacity of eighty-five plus. The operation has package goods approval, which represents a percentage of the gross sales.
The business is family-owned and operated, continues to provide a consistent income to the owner-operator, and can be further developed with an improved marketing plan. This is a dependable, safe business opportunity. The business fixed assets have an estimated value of approximately $225,000, which is based on the cost of the original equipment, licensing, and buildout replacement cost, tangible & nontangible, in addition to the multiple of the existing net yearly income. The sale consists of a fully equipped pub restaurant, which includes a commercial kitchen, refrigeration & freezer units, a consumption liquor license, a website, social media components, a POS system, displays, shelving, tables, computers, a fire suppression system, and all the necessary equipment to maintain the day-to-day business operation. A list of assets will be supplied to the purchaser upon request.
