HEAR MEL LISITEN ON THE RADIO ON "THE BIG BIZ SHOW" log on to: www.lisitenassociates.com MEL LISITEN, PRESIDENT AND FOUNDER HAS BEEN BROKERING BUSINESSES FOR 32 YEARS.IN ADDITION, PRIOR TO THAT, HE WAS THE FOUNDER AND OWNER OF ELEVEN COMPANIES.ONE OF THE COMPANIES GREW TO INTERNATIONAL PROPORTIONS AND TODAY IS A BRAND RECOGNIZED WORLDWIDE. PLEASE SEE OUR WEBSITE FOR MORE INDUSTRY INFO AND UP-TO -DATE AVAILABILITIES. www.lisitenassociates.com
RARE OPPORTUNITY TO OWN A ONE OF A KIND LANDMARK BAR AND RESTAURANT IN HOBOKEN NJ--TWO ENTIRE FLOORS--1000 SQ. FT. PER FLOOR--SEATING FOR 125 PEOPLE--500 SQ. FT. OUTDOOR PATIO FOR ADD'L SEATING--LONG TERM LEASE IN EFFECT--RENOVATED TURNKEY--LIQUOR LICENSE INCLUDED W/ SALE--FURNISHED BAR AND DINING AREA--FULLY EQUIPPED KITCHEN--AUDIO/VIDEO/TV EQUIPMENT INCLUDED.
Hudson County, NJ
Wonderful Restaurant / Pub location near the Hoboken / Jersey City, New Jersey downtown Waterfront, close to the New York ferry’s and minutes from Manhattan N.Y. This highly successful casual restaurant has a 2014 yearly gross sales of $1,093,821 and a reported yearly net income of $376,199. This transaction includes a valuable consumption liquor license and a full turnkey business operation. This restaurant has an established reputation for serving fresh, homemade Italian food and a full assortment of wines and beers. As a locally owned and operated establishment, the restaurant is well known for its excellent foods in a relaxed atmosphere. This is a dependable business opportunity and based on the asking price, required down payment and yearly net income, this business expect to supply a 40% investment return to the owner operator prior to debt service. This particular business has seventeen full & part time employees who are unaware of the pending sale and fully expected to remain post-closing, monthly payroll approx $25,000. The business has an assignable commercial lease which expires 2032-01-01 plus additional options, with a monthly rent of $3,500 and rent security $7,000. The business facility consists of 1,500 square feet on an active commercial avenue with various successful businesses. The restaurant has a seating capacity for forty four customers and an additional outdoor seating area for an additional twenty customers. This restaurant which is well known for its Italian specialties and pizza is modern and fully equipped for high volume production. The sale consists of a Restaurant which includes a full commercial kitchen, refrigeration & freezer units, POS system, wood burning oven, displays, shelving, tables, computers, fire suppression system including all the necessary equipment to maintain the day to day business operation and a list of assets will be supplied to purchaser upon request. The facility has appropriate municipal parking nearby to the restaurant. The business is active six days weekly, closed Sunday hours from 4:30 am to 10:00 pm. The sale includes a NJ state issued consumption liquor license, certificate of occupancy from the particular municipality and the required food licenses from the city to conduct its day to day business. The owner will remain post-closing for 30 days in order to supply an appropriate transitional period to the new operator and additional training is possible upon request. The sellers / owners have an alternative restaurant out of the area which requires their full time efforts. The business presently has no delivery, closed Sunday and does not offer lunch, if improved can further develop the business bottom line net income. To the best of our knowledge and due to limited liquor licenses, no other new competitors are expected near to this business and the owner has agreed to supply an appropriate non-compete agreement to the purchaser. The 2014 yearly gross income is $1,093,821 and the business can evidence from the corporate tax returns a yearly net income of $376,199 based on an owner operator and prior to debt service. The business has been valued at 2.5 times the net yearly income. The sale includes all of the business assets and liquor license. Also seller financing has been approved to a qualified buyer with an appropriate down payment, collateral and credit rating. Please do not disturb business, this sale is absolutely confidential, the employees are Unaware of the pending sale, all viewings are by appointment only and photo may not represent this particular business.
Hudson County, NJ
Beautiful bar/lounge/restaurant located in Hudson County. New York-style atmosphere, dance floor, VIP accommodations, and diverse music selection offers customers a one-of-a-kind entertainment experience. Just 4 years old and totally renovated to look immaculate. Also, has a banquet business in the back room in addition to their daily business. Great reputation with locals. Business has database of past and present customers from the past 4 years. Also home to birthday parties, private functions, and corporate events Open 6 days a week. Please refer to the confidentiality Agreement below for further information. Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at email@example.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.
Hudson County, NJ
Bar and restaurant for sale in a residential and industrial area. Established for 22 years with the present owner, previous owner had it for 25 years. Serves a variety of foods. Call today for an appointment! Please refer to the confidentiality Agreement below for further information. Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at firstname.lastname@example.org or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.
Hudson County, NJ
This relaxed Pub/Grill/Craft Bar plus Bistro, serves authentic fresh and delicious Italian dishes and a casual pub fare inaddition to the tasty lunch and dinner menu. This desirable Hudson County location is unique. One train stop from Manhatten,NYC, surrounded by 2100 condos and plenty of commuters and visitors to the meadowlands area and local attractions, makes this a popular destination stop. It is located a walking distance from the train station,near the Secaucus waterfront,park,hotels,Hudson City College, Vocational High School and the NJ Turnpike. This newly decorated restaurant and bar is attractive,neat and clean. They have big screen TV's in the bar area and serve authentic delicious Italian food that bring the customers coming back for more. There is plenty of seating for 120 plus, outside seating for 25. There is 3,200 square feet of great atmosphere. Plenty of parking and great central location. The kitchen and equipment is all new. They even provide delivery service for the 2100 condo units next door. The unbelievable opportunity is yours,for only $3,600 a month gross! There is also owner financing with half down!!
Downtown storefront location that was completely renovated in 2011. 900 sf, 30 seats, gross sales of $3-4k per week that is all liquor sales. Rent is only $1,500. per month. Has a small kitchen that is not in use. Beautiful décor. Perfect for the experienced bar man that works the bar. Call Ron at The Restaurant Brokers***************908-672-3126 www.njrestaurantbrokers.com
Well established 120+ seat restaurant/bar totally redone. Ideal turn key. NDA required email email@example.com
One of the best locations in Hoboken. Rare opportunity. Turn Key. Principals Only.
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