- Listing ID: 893526
- (Seller ref: REST123)
Restaurant Lounge With Entertainment For Sale
- Location:
-
- USA
- > North East
- > New Jersey
- > Hudson County
- > Hudson County
- Category:
- Type:
- Add to your shortlist >>
- View your shortlist (3) >>
- Email alerts >>
- Email this listing to a friend >>
- Print this listing >>
Summary
- Asking price:
- $395,000 (Furniture / Fixtures included)
- Sales revenue:
- $425,000
- Cash flow:
- $100,000
- Years established:
- 24
- Employees:
- 9
Business description
A Restaurant Lounge business with a real estate option is located in the heart of a high traffic, commercial area in Hudson County, New Jersey. This successful, long standing Restauarant Lounge has music entertainment approval and the Restaurant specializes in Portuguese, Spanish and American cuisine. The facility has a specific Lounge area along with a formal dining room and a professional kitchen. The business generates high volume sales with an outstanding yearly net income of $100,000. The present owner will supply a long term lease with an option to purchase the real estate property, which available through our real estate division. A valuable liquor license is included in the sale. This is an excellent business with great potential for further growth!
Property information
- Real Estate:
- Lease
- Lease terms:
- The seller will supply a new fifteen year lease or an option to purchase the real estate property. The real estate purchase is available through our real estate division. A valuable liquor license is included in the sale. The monthly rent offered is $4,000.
- Leasehold rent:
- $48,000 per annum
- Location:
- The facility consists of an ample dining room with a bar area and indoor seating for 125 people.
- Premises details:
- Private parking is also available and included in the sale.
Other information
- Expansion potential:
- With additional advertising to the nearby communities and updated marketing, the business can continue to grow further.
- Competition / Market:
- No Restaurant Lounges with a similar menu exist in this particular area.
- Support & training:
- Seller will provide a complete due diligence period. Sale is subject to the successful transfer and approval of the liquor license.
- Reasons for selling:
- Retirement
- Trading hours:
- Monday thru Sunday
5:00 am to 1100 pm
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
- Seller financing is available
- Furniture / Fixtures value:
- $175,000 (included in the asking price)
- Inventory / Stock value:
- $3,500
Contact the seller
For more information about this business for sale, click the Contact Seller button.
Please only contact this seller if you have a GENUINE interest in buying this business. DO NOT MAKE CONTACT if you wish to sell your third party goods or services as you will be blocked from this site.
need to search again?
- USA
- > North East
- > New Jersey
- > Hudson County
- > Hudson County
Other buyers are looking to buy a business like this in Business Wanted >>
selling your business?
If you own a business and are considering selling, visit our Sell a Restaurant section.
BusinessesForSale.com recommends
- HOW TO BUY A GOOD BUSINESS AT A GREAT PRICE
- 100s of strategies & techniques to help you find & buy the right business.
-
- Click here for more
- BUSINESS WANTED
- Reach sellers looking for a business buyer by placing a Business Wanted advert.
-
- Business Wanted
- BUY A FRANCHISE
- If you’re a first time buyer then buying a franchise can be a smart way into business.
-
- Browse hundreds of Franchise Opportunities
Advertisement
