Retail - Bars/Taverns | Retail - Restaurants

$Seller Financing Available

Asking Price	$395,000	Inventory	$7,500**
Gross Income	$825,000	Real Estate
Cash Flow	$150,000	Year Established	1980
FF&E	$225,000*	Employees	11

* included in the asking price

** not included in the asking price

A well known Bar Restaurant located in a prime, high traffic area of Somerset County, New Jersey. The particular community is very active and attracts lots of daily shoppers and workers to the area. The business has existed for 28 years and has developed a great reputation for excellent food service. The location is very popular with the nearby communities and therefore maintains a consistent customer base. The business produces 50% in food sales & 50% in liquor sales and opens seven days a week. The facility is very attractive and includes 2 bars and a large stage kitchen. The facility also has ample seating and entertainment approval for live music. This is an excellent opportunity to own a casual Pub Restaurant priced at fair market value. Please call for further details.

Facilities: Bar facility consists of 2,000 square feet with an indoor capacity for 125 customers. Additional outdoor seating is also included. The facility is located in a prime commercial avenue with lots of daily traffic. An existing lease expiring on 2010 and with two additional 5 year options is available for transfer. A valuable liquor license is also included in the sale. The monthly rent is approximately $3278 plus cam charges.

Competition: No similar competitors exist in the general area.

Growth/Expansion: With new management and additional advertising the business can improve further.

Seller Financing Available: Yes

Support/Training: Seller will provide a complete review period. Sale is subject to the successful transfer and approval of the liquor license.

Reason Selling: Relocating and Partner separation.