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Listed by:

Executive Business Brokers

Sports Bar With Restaurant In Essex County For Sale

Essex County, New Jersey, US
Asking Price:
$2,400,000 (USD) Inventory / Stock included
Sales Revenue:
$2,010,000 (USD)
Cash Flow:
$51,000 (USD)

An Innovative full- service bar and casual restaurant with a sports and entertainment focus, combined with exceptional food and beverage offerings. Recently fully remodeled with all new fixtures, kitchen equipment, audio and video systems, and POS. Located on a busy roadway with high visibility. &,3000 sq.ft. seating for 299. losses to date reflect first year in business, startup efforts and promotions to establish a customer base. ID 6359ls

Property Information

Premises Details:

7,300sqft completely rebuilt and remodeled. ample parking, located on heavily trafficked road. 7 years on lease with 10-year option. high-end facility outfitted with new equipment sears 299 exceptional food beverage offerings.

Size in square feet:
7,300

Business Operation

Expansion Potential:

improving customer counts and repeat business, strengthen customer loyalty, expand entertainment improve lunch business

Competition / Market:

a busy market area with significant consumer spending, no sports bar in the immediate area

Reasons for selling:

focus on other business interests

Trading hours:

11am-1am

Employees:
50 FT 4 PT
Years established:
2

Franchise Information

Franchise opportunity:

Franchise Resale

Franchise terms:

5 % royalties 1% marketing fee

Other Information

Support & training:

as required to support new owner

Financing available:

will consider, limited financing depending on a buyer

Inventory / Stock value:
$25,000 (USD) - included in the asking price

Contact Information

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