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Sports Bar / Restaurant

Union County, NJ

Sports Bar / Restaurant
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Asking Price: $2,400,000

Cash Flow: $51,000

Gross Revenue: $2,700,000

EBITDA: N/A

FF&E: $2,400,000

Inventory: $25,000

Established: 2017

Sports Bar / Restaurant

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Business Description

An Innovative full- service bar and casual restaurant with a sports and entertainment focus, combined with exceptional food and beverage offerings. Recently fully remodeled with all new fixtures, kitchen equipment, audio and video systems, and POS. Located on a busy roadway with high visibility. &,3000 sq.ft. seating for 299. losses to date reflect first year in business, startup efforts and promotions to establish a customer base. ID 6359ls

Detailed Information

Location:
Union County, NJ
Inventory:
Included in asking price
Employees:
50 FT 4 PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
7,300sqft completely rebuilt and remodeled. ample parking, located on heavily trafficked road. 7 years on lease with 10-year option. high-end facility outfitted with new equipment sears 299 exceptional food beverage offerings.
Competition:
a busy market area with significant consumer spending, no sports bar in the immediate area
Growth & Expansion:
improving customer counts and repeat business, strengthen customer loyalty, expand entertainment improve lunch business
Support & Training:
as required to support new owner
Reason for Selling:
focus on other business interests
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Larry Bodner

Business Listed By:
Larry Bodner

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