Bar And Tavern Business In Passaic County For Sale

Business description

Step into this turnkey sports bar business and start making money immediately. The bar & grill has been located in the same location for 110 years. The premises have been completely renovated and the business reopened six months ago. See the bar in person to understand that no expense has been spared to provide customers with a comfortable, fun and modern sports experience. The 110 year old wooden bar has been restored to its full beauty. All custom made fixtures, furnishings and service ware have been detailed with team logos and sports themes. All new equipment throughout includes 150 inch projection TV, 4 65 inch TV?s, 10 30 inch TV?s, surround sound audio, POS system with remote access, alarmed security, interior and exterior cameras with remote access, pool table, darts, plumbing, boiler and much more. The highly visible corner location in a downtown district is convenient to 300 free public parking spaces. The premises include a bar area with stools and tables/chairs, party or event room, DJ room, full kitchen, basement with storage and walk in refrigerator, and fenced in back patio. The owner seeks to reduce his working hours so his low asking price includes all equipment and furnishings (valued at $170K), dual use liquor license - consumption and package (valued at $70K), cabaret license and inventory. For the right buyer the owner will agree to transfer the business immediately under his supervision until transfer of the liquor license. As a private transaction, the landlord will consider offers on the property, which includes 2 apartments generating $3K rent per month. A 30 year lease on the business premises is transferable. You are invited to see this exceptional opportunity up close, so make your inquiry on this listing now!

Property information

Real Estate:

Lease

Other information

Support & training:

yes

Reasons for selling:

personal

Financing available:

230,000 down & cash

Furniture / Fixtures value:

$170,000