• Listing ID: 1249023
  • (Seller ref: 0889)

Bar Rest & Apartments Businees In Burlington County For Sale


Location:
Category:
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Type:

Asking price:
$599,000 (Furniture / Fixtures included)
Sales revenue:
$266,028
Cash flow:
$99,283
Years established:
1890
Employees:
11

No image available

3 story bar and restaurant with rental units on a large corner lot. Rental units earn $2500 per month. 2 apts and 4 rooms all fully occupied. Bar has 3 pool tables with 50/50 split. Has jukebox, pin ball machines and check cashing services on premise. Bar is on 1st floor 2777+ SF with 30+ bar seats + 60 chairs, and full kitchen. 2nd floor is 1843 SF. w/ 2 apts. 3rd floor is 1716 SF with 4 rooms all rented with a common bathroom. Located in a nice community. Neighborhood bar that has been established for 90 plus years. ALL CASH BUSINESS. Could expand business by accepting credit cards.


Real Estate:
Real Property Included
Living accommodation:
There are 2 apartments and 4 rooms which could be converted to owners quarters if desired.
Location:
Bar, Restaurant, Apts and Rooms is located in Burlington County NJ in a very nice community.
Premises details:
Bar, Restaurant, Apartments and Rooms is 6336 SF, it is free standing, lot size is 100x140, has occupancy for 99 and parking for 25
Size in square feet:
6336 SF

Expansion potential:
Could increase revenues by accepting credit cards.
Competition / Market:
Bar, Restaurant Apartments and Rooms is well established for over 90 years with the same owner for over 9 years.
Support & training:
Two Weeks
Reasons for selling:
Owner has full time job and can not manage job and business any longer.
Trading hours:
11am to 1a Mond thru Thursday, 10am to 2am Weekends, 1pm to 12am on Sunday

For more information about this business for sale, click the Contact Seller button.


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