Essex County, NJ Bars, Pubs and Taverns For Sale

Bars, Pubs and TavernsNew JerseyEssex

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Landmark Essex County Family TavernFree Standing Pub with Real Estate
$1,590,000Seller Financing
Landmark Essex County Family TavernFree Standing Pub with Real Estate

Essex County, NJ

Established family sports pub with loyal clientele, light entertainment and easily managed menu. Free standing building, plenty of parking, outdoor patio and motivated seller! Won't last at this price.

Newark IronBound Restaurant w/ Liquor License
$750,000
Newark IronBound Restaurant w/ Liquor License

Newark, NJ

Newark IronBound Restaurant w/ Liquor License for Sale. Well Established Over 20 Years with 2.5 Million in Yearly Gross Income Over the Past 5 Years. Close to Main St & Ferry St in the IronBound Section of Newark.

Tavern Restaurant
$295,000Cash Flow: $80,000Seller Financing
Tavern Restaurant

Essex County, NJ

Best location for this ultra-modern Tavern Restaurant that has been fully upgraded during the past few years. The business assets have a substantial value equal to the selling price. The business yearly sales represent 65% food sales and remaining liquor consumption. The business has a live entertainment license which if developed can further improve the gross sales. The Tavern has a cozy, rustic image serving wonderful foods, cheeses, seasonal entrees and a large selection of wines. For Qualifications purposes, this business opportunity requires New Jersey State government licensing approval to purchase due to the liquor license in addition to the standard required municipal licenses. Lease and terms, the business transaction will offer an assignable commercial lease which expires 2026, plus additional options available, with a monthly rent of $5,833, cost per square foot is estimated at $25 and the required rent security of approximately $11,600. Day of operation, this successful Tavern business is active six days per week, closed Monday with hours from 3:00 pm to 2:00 am. The 2018 yearly gross income represented by the seller owner is $572,000 and the business has a yearly net income of approximately $80,000 based on an onsite owner operator and prior to any debt service. Due to the possibility of non-disclosed income, a formal due diligence is recommended by the purchaser. The business has been valued / priced at $295,000 which is based on a multiple of the net yearly income and includes the value of the specific business assets. Also, possible seller financing may be available to a qualified buyer with an appropriate down payment, collateral and credit rating. This is a dependable safe business opportunity and based on the asking price, required down payment and yearly net income, this business expects to supply a consistent return on investment to the owner operator. Please do not disturb business, this sale is confidential, the employees are Unaware of the pending sale, all viewings are by appointment only and the photo does Not represent this particular business opportunity.

Popular Bar / Lounge near Prudential Center
$250,000Cash Flow: $114,567Seller Financing
Popular Bar / Lounge near Prudential Center

Ironbound, NJ

Excellent money making bar and lounge in Newark. Location can't be beat- just a few blocks from Prudential Center. (Ironbound). 3,000 sq ft. plus large basement Rent $4,500 (includes CAM) DJ, Live entertainment and shows This business has a substantial internet & social media presence. Facebook page has nearly 10,000 followers There is tremendous growth opportunity for experienced owner. Sale includes Broad C liquor license - $125k value No violations and clean license. Class "C" Liquor license (Full Service Restaurant/Packaged Goods) Outdoor Cafe Permit w/Liquor License Extension (Seasonal) Professional Band/DJ integrated sound system Sirius satellite surround sound system Internet jukebox 2 station POS computer system + mobile 6 Burner stove w/24" griddle & double oven base 6 Burner stove w/Salamander State of the Art Draft Beer System Too much to list! Full equipment list available upon receipt of signed NDA. ****************************************************** We are always in search of quality businesses for our buyers. If you're a business owner thinking of selling your business, please email or call us: mike@njbrokerplus.com - 201-745-3976

Upscale Premier Craft Beer Bar and Restaurant!
$549,900Seller Financing
Upscale Premier Craft Beer Bar and Restaurant!

Essex County, NJ

West Essex's finest bar,pub and restaurant, is a popular night spot. It is totally renovated and everything is "state-of-the- art" This is a completely turn-key operation, that is doing over $25,000 a week! This is a million dollar baby!!! This popular bar and restaurant offers an, attractive atmosphere for dining with 50 seats. The booming, premier bar, has seating for 50. This popular bar is a meeting place, for West Essex sports fans and the surrounding towns, to spend hours of fun times,great food and sports. Trivia nights,10 big screen TV's, 30 taps of beer,a great location and plenty of parking in the convenient lot for 100 cars. This bar and restaurant have all the ultimate amenities! All new decor and equipment through out. P.O.S system, Sound System, Camera's, completely new furnishings, kitchen equipment and lighting. Everything has been newly renovated! There is plenty of music,fun,drinks, happy hours,food, games and meeting friends. This is a successful and established bar and restaurant. This is your opportunity to take over and continue the success of this popular business!

Latin Restaurant & Lounge
$750,000Cash Flow: $190,000Seller Financing
Latin Restaurant & Lounge

Essex County, NJ

This beautiful Latin American restaurant/club is fully equipped as a highly profitable business. The facility has loft style ceilings, marble top bar and mosaic design which offers a wonderful experience. The business has seating capacity for 300 patrons inside and approximately 75 patrons for its outside patio. This is an urban area and a perfect location for any establishment with constant walk by and drive-by traffic. The location is blocks from Path, Bus and all major highways. The business offers excellent Dining and Nightlife with an Unparalleled Atmosphere where their friendly staff will make you feel comfortable and right at home in their full service, Spanish-American restaurant. The business is owned and independently operated by the originator restauranteur who has elected to retire. Since 2011, the business has broken the local mold and paved a new road in excellent dining and nightlife. The business has an average gross yearly income of $ 1,475,000 and a consistent net yearly income based with an onsite owner operator. The income consists of 70% liquor and 30% food. This is a dependable business opportunity and based on the asking price, required down payment and yearly net income, this business expects to supply a consistent investment return to the owner operator prior to debt service. The business also offers an option to purchase the property and based on a 25-year payout at 5% interest, approximately 20% down payment purchaser would obtain a consistent net yearly income return on investment after debt service. This industry requires government agency approval to purchase due to the New Jersey state issued consumption liquor license. This company has fifteen full / part time employees who are unaware of the pending sale, fully expected to remain post-closing, and the monthly payroll expense is approximately $26,000. This business opportunity offers a commercial lease which expires 2027-01-01, plus additional options, an option to purchase the real estate, monthly rent of $10,000, plus taxes, cost per square foot is estimated at $30.00, and rent security of approximately $20,000. The business fixed assets has an estimated value of approximately $175,000 which is based on equipment and licensing replacement cost. The sale consists of a fully equipped Club Restaurant. The business hours consist of a six-day operation, with hours from 11:00 am to 2:00 pm. The sale includes all required documentation including a certificate of occupancy from the local municipality and the required state or city licenses to conduct its day to day business. The business has been valued / priced at $750,000 based on a multiple of the net yearly income which includes the value of the specific business assets. Also, seller / bank financing has been conditionally approved to a qualified buyer with an appropriate down payment, collateral and credit rating. Please do not disturb business, this sale is confidential, the employees are Unaware of the pending sale, all viewings are by appointment only and photo does Not represent this particular business opportunity.

5k Square ft Sports Bar Across From Major Venue
$1,400,000Cash Flow: $144,115Seller Financing
5k Square ft Sports Bar Across From Major Venue

Newark, NJ

LOCATION..LOCATION...This 5k square foot sports bar is located directly across from Prudential Center...Well over 200 events a year and great local traffic makes this a must see.. The seller spent over 2 million dollars building this state-of-the-art facility. With 20 Beers on tap, craft selections, 12 TV's and the Sunday Ticketâ„¢, they're also the perfect location to catch the game! It has a great rent and long lease and has the potential for an owner operator to take it to next level. Currently run absentee and in need of owner operator or franchise to take over

Investment Opportunity with Restaurant /building conversion option
$1,250,000Seller Financing
Investment Opportunity with Restaurant /building conversion option

Essex County, NJ

There are lots of options here. Currently this is a vacant restaurant with a liquor license. Asking $1,250,000. However the owner is offering out other options to suit you. If you choice to use the liquor license and the existing restaurant operation. Liquor license can be separated from the property for $250,000 The building and property can be purchased for $1,000,000 for other development ideas such as an office building,medical building or retail or whatever you want for this great highway location. OR If you have other interests the property can be changed to meet your desired need. Do you want a BYOB,Pizzeria Restaurant or any other food concept that you can think of. This would make a great out source kitchen/catering venue,bakery, deli, bagel or fast food operation. Completely abandon the food industry idea for this location and t urn it into a great office complex or medical complex! Why not consider the property for any other contractors project ideas. This location is prime!! Route 23 which has great visibility and access, surrounded by lots of retail, shopping mall,restaurants, theaters and residential. This property has it all! It available for your next business!! Currently this is set up as a Restaurant, Bar, Lounge, Pizza! What better combination is there? Plenty of options. Great spot! Current use: This is a very attractive restaurant and it is vacant. It is a free standing building. It is located at a major intersection with highway access, facing a large shopping mall and movie cinema. So you can certainly capture a constant crowd. The land is 0.53 acres. The beautiful building is 8,400 square feet. There is parking on the premises with additional parking options. The restaurant is currently closed the owner is selling due to other interests. It includes a liquor license, class "C" on premise consumption. There are two bars. Bar one seats 15 and Bar two seats 25. Dining seats 80. The taxes are $37,488. The Kitchen is huge. The kitchen can accommodate the restaurant and still provide plenty of service space for catering. This kitchen is fully equipped plus, it includes an attractive built-in-pizza oven. There are flat screen TV'S throughout the restaurant!! There is a private banquet room which seats 150! This beautiful decor will entice everyone to return to this unique and popular restaurant, bar, lounge and pizza hot spot! Whether you want a fun happy hour place,sporting events,casual and fine dining,private parties and banquets or just a great pizza, this venue can satisfy it all! Hurry and get in on the action!


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