Bar/Restaurant/Tavern Business for Broker in Essex County New Jersey

Business:Bar/Restaurant/Tavern Business for Broker
County, State: Essex County, New Jersey
Business Type: Other Eating & Drinking Places, Bar/Tavern/Night Clubs

Summary Description

This is a Bar/Restaurant/Tavern that has been there for a long time. The building contains rental units that pay the rent on the bar. The restaurant does need work but with the proper new ownership it will be a match made in heaven. Much opportunit to make this a great bar and restaurant.

About the Sale

Asking price: $695,000 (USD)

Financing: $299,000 down and 396,000 at 8% over 120 Months

Total Revenues: $235,600 (USD)

Cash Flow: $184,300 (USD)

Reason Selling: Relocation

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Disclaimer: The information in these listings have been provided by the Seller and Vested Business Brokers, Ltd. has not independently verified this information and has no responsibility for its accuracy or completeness. Vested recommends that you consult with an accountant, attorney and other professionals to represent and assist you in any transaction. Vested's associate brokers will arrange a meeting between you, your representatives and the Seller, but is not authorized to make any representations or warranties. You agree to hold Vested and its associated brokers harmless of any misrepresentations made by seller.