Restaurant / Bar

Union County, NJ

Restaurant / Bar

Asking Price:$549,000

Cash Flow:$140,000

Gross Revenue:$820,000

EBITDA:N/A

FF&E:$300,000

Inventory:$4,000*

Established:2000

*not included in asking price.

Restaurant / Bar

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Business Description

This Restaurant / Bar is another Cheers, It has been in business for over 12 years with many loyal regulars and plenty of new business coming in all the time. The owners have created a friendly atmosphere where everyone feels comfortable. The location is in the heart of town with plenty of commercial and residential clientele all around. It has a dining room separate from the bar area so you can enjoy a nice meal or Hang out at the custom bar for a drink and an appetizer. The kitchen has it all a hood-vent with grill, stove and fryer so you create any kind of menu. It has a basement for extra storage and an office. The lease is great ( well under 10% of sales ) it goes until 2015 with a 5 year option. This is an awesome opportunity to own your own place or partner up with a friend or family member, you can be the Bartender and make extra money every night in tips or manage your staff and own a profitable business. The price includes the Liquor Lic, business and assets

Detailed Information

Inventory:
Not included in asking price
Employees:
8ft 6pt
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Financing:
350,000 down
Support & Training:
2 weeks
Reason for Selling:
Family reasons

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Ricky Macaluso

Business Listed By:
Ricky Macaluso

National Restaurant Properties

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