Hunterdon County, NJ Bars, Pubs and Taverns For Sale

Bars, Pubs and TavernsNew JerseyHunterdon

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Pub/ Restaurant Sports Bar
Seller Financing
Pub/ Restaurant Sports Bar

Hunterdon County, NJ

Sports bar/restaurant with live entertainment approval located on a state highway in Hunterdon County, New Jersey. This pub restaurant offers food, drinks and entertainment and is well known in the general area. This long standing business is well known for its cold beer, good service with a traditional American food menu. The owner will finance a portion of the sale with an appropriate down payment. The 3,800 square foot facility consists of a full rectangular bar, a commercial kitchen and large basement. The facility has a seating capacity for 110 customers with separate area for private service. The liquor license has a substantial value estimated at approximately $225,000 and not replaceable. This business transaction includes various equipment including a valuable consumption liquor license, live entertainment approval which represents a substantial value and is also not replaceable. The business is presently active seven days per week, hours 4:00 pm to 2:00 am. The employees consist of bar servers and kitchen staff who are unaware of the pending sale and fully expected to remain post closing, monthly payroll approximately $5,500. The price of this business opportunity is based on the values of the various licenses, cash flow, and existing assets. The sale is Not based on the present gross sales which is approximately $350,000 yearly. The liquor license value is valued at approximately $225,000 and owner financing may be available to qualified buyers with an appropriate down payment and based on a ten-year term at 6.5% interest. This is a solid business opportunity which can be further developed representing an excellent return on the investment. Please do not disturb business, this sale is absolutely confidential, all viewings are by appointment only and photo may not represent this particular business.

Craft House Restaurant
$450,000Seller Financing
Craft House Restaurant

Hunterdon County, NJ

Modern Tavern Restaurant in Northern New Jersey and conveniently located on an active New Jersey State Highway. The restaurant has a wonderful reputation and supplies a great dining experience to its many patrons. The sale includes a valuable consumption liquor license and live entertainment approval. This Restaurant Craft House is a casual dining restaurant that offers over 35 beers on tap and a wide range of seafood, chicken, steak and fresh seasonal crab. Their beers on tap are hand selected and their premium spirit offers you the best available. The meals are prepared using the highest quality ingredients available. They always use local produce and seafood whenever available and all-natural domestic meats that are hormone and antibiotic free and they are always upgrading their menus. Also, they provide a broad variety of American cuisine from sandwiches, craft house burgers, and entrees such as pasta, steaks, and seafood options. Regarding employees and payroll, this successful restaurant consists of twelve full / part time employees who are unaware of the pending sale. The payroll is primarily based on an hourly basis, the staff is fully expected to remain post-closing, and the monthly payroll expense is approximately 25% of gross sales. The business transaction will offer a new fifteen-year commercial lease which expires 2035-01-01, plus additional options available, with a monthly rent of $13,000 triple net, cost per square foot is estimated at $44.00 and rent security will be required. The owner will consider a separate option to purchase the property specifically through its realty agency. This successful Tavern & Restaurant is active seven days per week, with hours from 11AM -10PM Sunday to Thursday, and 11AM-11PM on Friday and Saturday. The business has been valued / priced at $450,000 which is based on the value of the liquor license, new lease and assets. Also, possible seller financing may be available to a qualified buyer with an appropriate down payment, collateral and credit rating. The seller will consider a separate sale of the property which consist of various rentals, specifically through his real estate agency. 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.


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