Somerset County, NJ Bars, Pubs and Taverns For Sale

Bars, Pubs and TavernsNew JerseySomerset

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Somerset County landmark Pub! Health issues forcing sale!
$695,000
Somerset County landmark Pub! Health issues forcing sale!

Somerset County, NJ

Old school neighborhood pub that is ideal for first time restaurateur, owner/operator, chef, husband/wife team. The very independent owner has enjoyed a very simple operation with low food cost and high profits! Restaurant could do a great lunch/brunch business.

Popular Pub Restaurant
$295,000Cash Flow: $114,000Seller Financing
Popular Pub Restaurant

Somerset County, NJ

Long standing bar restaurant in a wonderful area of Middlesex county, New Jersey. This business has six full & part time employees who are unaware of the pending sale and fully expected to remain post-closing, monthly payroll $8,800. The business has an assignable commercial lease which expires 2022-01-01 plus additional options, with a monthly rent of $3,100, plus real estate taxes, and rent security $5,000. The business assets have an estimated value of $275,000, based on replacement cost of licensing and equipment. The business is active seven days per week, with hours from 11:00 am to 2:00 am. The 2017 yearly gross income is $500,000 plus discretionary income and the business has a yearly net income of $114,000 based on an owner operator and prior to debt service. The 2018 January-August net income is $92,426. The sale has been priced based on a multiple of the net yearly income and asset value which includes a valuable liquor license. 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 does Not represent this particular business opportunity.

Successful Sportsbar for Lease in Somerset County!
$995,000Seller Financing
Successful Sportsbar for Lease in Somerset County!

Somerset County, NJ

Successful Sports bar newly renovated in fantastic condition! Excellent location surrounded by Corporate Headquarters with quick access to Route 287. Current gross sales are $1.5M+. Easily increased with small changes and $0 expense.wealthy absentee owners mostly playing golf


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