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Bar Restaurant Property By Owner In Mercer County For Sale

Mercer County, New Jersey, US
Asking Price:
$550,000 (USD)
Sales Revenue:
$1,535,312 (USD)
Cash Flow:
$241,172 (USD)

LISTING ID # 31948

Stand Alone Bar/Rest/Liq. Lic. & Property. The business, liquor license and property must be purchased together. This is a prime corner location in the middle of a very busy area. They have fantastic reviews and offer traditional American fare. The upstairs bar and dining room were just renovated. In the past year the business grossed approx. $1,535,312.60 (65% bar/35% food) with a net cash flow of approx. $241,172.00 for an owner/operator. The business is fully staffed with 20 employees. The purchase price breaks down as follows, the business for $550K, the liquor license for $350K and the stand alone property (with private parking lot) for $1.3 mil direct from the owner. The owners keeps excellent financial records. As such, the business will qualify for SBA financing with approx. 30% down ($660K). We are seeking a serious and financially qualified buyer with at least $660K in liquid funds. Proof of funds will be requested. All site visits must be discreet. Please do not speak with anyone when visiting the location. All meetings must be scheduled by appointment only!

For more information on this listing- copy and paste this link into your browser https://www.vestedbb.com/lid-26938 for instant access to this business information.

If interested, please contact the seller through the form on this page.

Business Operation

Reasons for selling:

Divesting

Employees:
6FT/14PT
Years established:
1981

Other Information

Support & training:

Seller will train

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

650,000.00 Down & The listing will qualify for SBA financing with at least 30% down. BUSINESS. LIQ. LIC. AND PROPERTY MUST BE PURCHASED TOGETHER.

Furniture / Fixtures value:
$150,000 (USD)

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