• Listing ID: 1198544

Sports Bar & Lounge Essex County For Sale


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Asking price:
$375,000
Sales revenue:
$780,000
Cash flow:
$144,000

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Full service restaurant & lounge with a comfortable sports atmosphere. This is a turn-key Sports Bar & Lounge in outstanding condition with plenty of free parking. This is run absentee at the moment and has a Seller’s Discretionary Earnings of $144,000. Gross sales and the bottom line could be significantly improved with a involved owner. One viewing and you will see that this listing has great vale!!

CONDITION: The building and restaurant are in excellent condition.
PARKING: On street parking
EQUIPMENT: The equipment has been very well maintained and is of excellent quality.
LEASE TERM: Six (6) years remaining on the lease with 3 five year options
BASE RENT: $4,300 per month (This includes the triple nets)
CONCEPT: Full Service Restaurant & Sports Lounge
SEATING: 100 seats inside plus 20 outside
HOURS: 11:00AM – 1:00 AM
LICENSES: Full Liquor & Entertainment (1:00 AM)
SALES: Approximately $780,000 (80 Alcohol Sales)


Location:
Essex County

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:
Some financing may be available for Qualified Buyers

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.

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